Real-Time TPS
Polygon TPS is 4.62X more than Algorand TPS
Max Recorded TPS
Polygon max TPS is 92.49% less than Algorand max TPS
Max Theoretical TPS
Polygon max theoretical TPS is 93.08% less than Algorand max theoretical TPS
Block Time
Polygon block time is 21.73% less than Algorand block time
Finality
Polygon finality is 100% more than Algorand finality
Type
Polygon is a layer 2 blockchain, while Algorand is a layer 1 blockchain
Governance Model
Polygon off-chain governance is worse than Algorand on-chain governance
Launch Date
Polygon was launched 1 year after Algorand
Other Comparisons
Polygon Comparisons
About Blockchains
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.
What is Algorand?
Algorand emerges as a blockchain platform committed to fostering transparency and enabling the growth of decentralized projects and applications. Operating as a public, decentralized blockchain, it leverages a Pure Proof-of-Stake (PPoS) consensus mechanism to uphold network security, efficiency, and decentralization. Powered by the Algorand Consensus Algorithm, the network employs a combination of cryptographic techniques and random selection to attain consensus, effectively addressing the constraints of traditional consensus mechanisms.