IoTeX vs Polygon

Real-time TPS

IoTeX TPS is 85.52% less than Polygon TPS

IoTeX logo
5.6 tx/s
Polygon logo
38.67 tx/s

Max Recorded TPS

IoTeX max TPS is 1.93X more than Polygon max TPS

IoTeX logo
830 tx/s
Polygon logo
429 tx/s

Max Theoretical TPS

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

IoTeX logo
1,000 tx/s
Polygon logo
649 tx/s

Block Time

IoTeX block time is 2.33X more than Polygon block time

IoTeX logo
5s
Polygon logo
2.15s

Finality

IoTeX finality is 100% less than Polygon finality

IoTeX logo
0s
Polygon logo
4m 16s

Type

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

IoTeX logo
Layer 1 blockchain
Polygon logo
Layer 2 blockchain

Governance

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

IoTeX logo
On-chain
Polygon logo
Off-chain

Launch Date

IoTeX was launched 1 year before Polygon

IoTeX logo
Apr 22, 2019
Polygon logo
May 30, 2020

IoTeX vs Polygon Real-Time TPS Chart

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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 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