Compare IoTeX vs Polygon

IoTeX vs Polygon Scalability

Real-time TPS (1H)

IoTeX TPS is 87.56% lower than Polygon TPS

IoTeX logo
4.3 tx/s
Polygon logo
34.57 tx/s

Data from Chainspect

Max TPS (100 blocks)

IoTeX max TPS is 1.93X higher than Polygon max TPS

IoTeX logo
829.7 tx/s
Polygon logo
429.1 tx/s

Data from Chainspect

Max Theoretical TPS

IoTeX max theoretical TPS is 2.8X higher than Polygon max theoretical TPS

IoTeX logo
2,000 tx/s
Polygon logo
714.3 tx/s

Data from Chainspect

Transaction Volume (1H)

IoTeX transaction volume is 87.56% lower than Polygon transaction volume

IoTeX logo
15.5K txns
Polygon logo
124K txns

Data from Chainspect

Block Time (1H)

IoTeX block time is 1.29X longer than Polygon block time

IoTeX logo
2.6s
Polygon logo
2.02s

Data from Chainspect

Finality

IoTeX finality is 100% shorter than Polygon finality

IoTeX logo
0s
Polygon logo
5s

Data from Chainspect

Type

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

IoTeX logo
Layer 1 blockchain
Polygon logo
Sidechain

Data from Chainspect

New

Total Transactions

IoTeX has 93.96% fewer total transactions than Polygon

IoTeX logo
345M txns
Polygon logo
5.72B txns

Data from Chainspect

Launch Date

IoTeX was launched 1 year before Polygon

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

Data from Chainspect

IoTeX vs Polygon Decentralization

Nakamoto Coefficient

IoTeX Nakamoto Coefficient is 1.6X higher than Polygon Nakamoto Coefficient

IoTeX logo
8
Polygon logo
5

Data from Chainspect

Validators

IoTeX has 32.69% fewer validators than Polygon

IoTeX logo
70
Polygon logo
104

Data from Chainspect

Stake

IoTeX stake is 87.92% lower than Polygon stake

IoTeX logo
$99.77M
Polygon logo
$826.4M

Data from Chainspect

Consensus Mechanism

IoTeX and Polygon are both PoS

IoTeX logo
Proof of Stake (PoS)
Polygon logo
Proof of Stake (PoS)

Data from Chainspect

Governance

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

IoTeX logo
On-chain
Polygon logo
Off-chain

Data from Chainspect

IoTeX vs Polygon Developer Activity New

Developers

IoTeX has 78.03% fewer developers than Polygon

IoTeX logo
364
Polygon logo
1,657

Data from Chainspect

Repos

IoTeX has 12.75% fewer repos than Polygon

IoTeX logo
130
Polygon logo
149

Data from Chainspect

Commits

IoTeX has 67.7% fewer commits than Polygon

IoTeX logo
20,036
Polygon logo
62,050

Data from Chainspect

Stars

IoTeX has 72.48% fewer stars than Polygon

IoTeX logo
2,533
Polygon logo
9,207

Data from Chainspect

Watchers

IoTeX has 52.73% fewer watchers than Polygon

IoTeX logo
822
Polygon logo
1,739

Data from Chainspect

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 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.

Blockchains Socials

IoTeX Socials

Polygon Socials