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- Electra Protocol vs Polygon
Electra Protocol vs Polygon Scalability
Real-time TPS
Electra Protocol has no data, while Polygon TPS is 37.68 tx/s
Max TPS (100 blocks)
Electra Protocol has no data, while Polygon max TPS is 429.1 tx/s
Max Theoretical TPS
Electra Protocol has no data, while Polygon max theoretical TPS is 714.3 tx/s
Transaction Volume
Electra Protocol has no data, while Polygon transaction volume is 135,640 txns
Block Time
Electra Protocol has no data, while Polygon block time is 2.13s
Finality
Electra Protocol has no data, while Polygon finality is 5s
Type
Electra Protocol has no data, while Polygon is a sidechain
Launch Date
Electra Protocol has no data, while Polygon was launched on May 30, 2020
Electra Protocol vs Polygon Decentralization New
Nakamoto Coefficient
Electra Protocol has no data, while Polygon Nakamoto Coefficient is 4
Validators/Miners
Electra Protocol has no data, while Polygon has 105 validators
Stake/Hashrate
Electra Protocol has no data, while Polygon stake is $809.8M
Consensus Mechanism
Electra Protocol has no data, while Polygon is PoS
Governance
Electra Protocol has no data, while Polygon governance is off-chain
Other Comparisons
Electra Protocol Comparisons
About Blockchains
About Electra Protocol
Electra Protocol is an ecosystem for near real-time transactions at almost no cost. Upcoming features include multicurrency payments and smart contracts that will empower anyone to create their own solutions. Simply put: Instant payments without needing a bank account.
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 POL. 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.