Real-Time TPS


IoTeX TPS is 99.77% less than Polygon TPS

0.11 tx/s
48.05 tx/s

Max Recorded TPS


IoTeX max TPS is 2.95X more than Polygon max TPS

830 tx/s
282 tx/s

Max Theoretical TPS


IoTeX max theoretical TPS is 1.54X more than Polygon max theoretical TPS

1,000 tx/s
649 tx/s

Block Time


IoTeX block time is 2.06X more than Polygon block time

5s
2.43s

Time to Finality (TTF)


IoTeX TTF is 100% less than Polygon TTF

0s
4m 16s

Type


IoTeX is a layer 1 blockchain, while Polygon is a layer 2 blockchain

Layer 1 blockchain
Layer 2 blockchain

Governance Model


IoTeX on-chain governance is better than Polygon off-chain governance

On-chain
Off-chain

Other Comparisons

About Blockchains

What is IoTeX?


IoTeX is a blockchain platform designed specifically for the Internet of Things (IoT) industry. It aims to address the scalability, privacy, and security challenges associated with connecting billions of devices to the internet. IoTeX utilizes a unique architecture that combines blockchain, decentralized identity, and secure hardware to create a trusted and privacy-centric infrastructure for IoT applications. It offers lightweight and efficient consensus mechanisms, support for trusted computing environments, and privacy-preserving techniques such as zero-knowledge proofs.

What is 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.

Blockchains Socials

IoTeX Socials


Polygon Socials