Compare IoTeX vs Polygon
IoTeX vs Polygon Scalability
Real-time TPS (1H)
IoTeX TPS is 86.97% lower than Polygon TPS
Data from Chainspect
Max TPS (100 blocks)
IoTeX max TPS is 1.93X higher than Polygon max TPS
Data from Chainspect
Max Theoretical TPS
IoTeX max theoretical TPS is 2.8X higher than Polygon max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
IoTeX transaction volume is 86.97% lower than Polygon transaction volume
Data from Chainspect
Block Time (1H)
IoTeX block time is 1.26X longer than Polygon block time
Data from Chainspect
Finality
IoTeX finality is 100% shorter than Polygon finality
Data from Chainspect
Type
IoTeX is a layer 1 blockchain, while Polygon is a sidechain
Data from Chainspect
Total Transactions
IoTeX has 93.86% fewer total transactions than Polygon
Data from Chainspect
Launch Date
IoTeX was launched 1 year before Polygon
Data from Chainspect
IoTeX vs Polygon Decentralization
Nakamoto Coefficient
IoTeX Nakamoto Coefficient is 1.6X higher than Polygon Nakamoto Coefficient
Data from Chainspect
Validators
IoTeX has 30.76% fewer validators than Polygon
Data from Chainspect
Stake
IoTeX stake is 92.21% lower than Polygon stake
Data from Chainspect
Consensus Mechanism
IoTeX and Polygon are both PoS
Data from Chainspect
Governance
IoTeX on-chain governance is better than Polygon off-chain governance
Data from Chainspect
IoTeX vs Polygon Developer Activity
Developers
IoTeX has 77.81% fewer developers than Polygon
Data from Chainspect
Repos
IoTeX has 13.81% fewer repos than Polygon
Data from Chainspect
Commits
IoTeX has 67.71% fewer commits than Polygon
Data from Chainspect
Stars
IoTeX has 71.72% fewer stars than Polygon
Data from Chainspect
Watchers
IoTeX has 52.07% fewer watchers than Polygon
Data from Chainspect
IoTeX vs Polygon Financials New
Chain Revenue
IoTeX chain revenue is 97.11% lower than Polygon chain revenue
Data from Chainspect
Average Transaction Fee
IoTeX average transaction fee is 59.65% lower than Polygon average transaction fee
Data from Chainspect
Price
IoTeX price is 93.9% lower than Polygon price
Data from Chainspect
Market Cap
IoTeX market cap is 94.53% lower than Polygon market cap
Data from Chainspect
IoTeX vs Polygon Real-Time TPS Chart
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Other Comparisons
IoTeX Comparisons
About Blockchains
About 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.
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.