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- Concordium vs Polygon
Concordium vs Polygon Scalability
Real-time TPS
Concordium TPS is 99.96% less than Polygon TPS
Max TPS (100 blocks)
Concordium max TPS is 84.94% less than Polygon max TPS
Max Theoretical TPS
Concordium max theoretical TPS is 2.8X more than Polygon max theoretical TPS
Transaction Volume
Concordium transaction volume is 99.96% less than Polygon transaction volume
Block Time
Concordium block time is 5.43% less than Polygon block time
Finality
Concordium finality is 60% less than Polygon finality
Type
Concordium is a layer 1 blockchain, while Polygon is a sidechain
Launch Date
Concordium was launched 1 year after Polygon
Concordium vs Polygon Decentralization New
Nakamoto Coefficient
Concordium nakamoto coefficient is 1.75X more than Polygon nakamoto coefficient
Validators
Concordium has 14.56% less validators than Polygon
Stake
Concordium stake is 8.391B CCD, while Polygon stake is 3.515B MATIC
Consensus Mechanism
Concordium and Polygon are both PoS
Governance
Concordium council governance is worse than Polygon off-chain governance
Concordium vs Polygon Real-Time TPS Chart
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Other Comparisons
Concordium Comparisons
About Blockchains
About Concordium
Concordium is a public Layer 1 blockchain platform designed for security, privacy, and scalability. Concordium was among the first to mandate identity verification at the blockchain consensus level while integrating zero-knowledge proofs (ZKPs) for selective disclosure. Launched on Mainnet in 2021, it embeds encrypted identity into every transaction at the protocol level, enabling accountability while preserving user confidentiality.
Its native cryptocurrency, CCD, powers the ecosystem, facilitating transaction fees, staking, voting, node operator rewards, and serving as collateral in Concordium's DeFi landscape.
The newly appointed CEO and Executive Management team have revealed a focused strategic direction to double down on PayFi, enabling stablecoin issuers, financial institutions, and payment providers to accelerate real-world adoption. With stablecoin settlement volumes projected to reach $300 billion per day by 2025, Concordium delivers an enterprise-ready blockchain infrastructure uniquely suited for secure, programmable money solutions, as well as compliance as required by new regulatory frameworks.
About Polygon
Polygon, formerly Matic Network, is a blockchain platform designed to establish a multi-chain system compatible with Ethereum. It employs a proof-of-stake consensus mechanism similar to Ethereum for on-chain transactions, with its native token being MATIC. Functioning as a "layer two" or "sidechain" scaling solution alongside Ethereum, Polygon facilitates quicker transactions and lower fees. Its inception aimed to tackle Ethereum's major challenges, including high fees, subpar user experience, and limited transaction throughput, aspiring to create an "Ethereum's internet of blockchains" or a multi-chain ecosystem of Ethereum-compatible blockchains.