Polygon vs Algorand

Polygon vs Algorand Scalability

Real-time TPS

Chainspect

Polygon TPS is 7.23X higher than Algorand TPS

Polygon logo
46.51 tx/s
Algorand logo
6.43 tx/s

Max TPS (100 blocks)

Chainspect

Polygon max TPS is 92.49% lower than Algorand max TPS

Polygon logo
429.1 tx/s
Algorand logo
5,716 tx/s

Max Theoretical TPS

Chainspect

Polygon max theoretical TPS is 92.38% lower than Algorand max theoretical TPS

Polygon logo
714.3 tx/s
Algorand logo
9,384 tx/s

Transaction Volume

Chainspect

Polygon transaction volume is 7.23X higher than Algorand transaction volume

Polygon logo
167,440 txns
Algorand logo
23,159 txns

Block Time

Chainspect

Polygon block time is 25.24% shorter than Algorand block time

Polygon logo
2.13s
Algorand logo
2.84s

Finality

Chainspect

Polygon finality is 100% longer than Algorand finality

Polygon logo
5s
Algorand logo
0s

Type

Chainspect

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

Polygon logo
Sidechain
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

Polygon was launched 1 year after Algorand

Polygon logo
May 30, 2020
Algorand logo
Jun 12, 2019

Polygon vs Algorand Decentralization

Nakamoto Coefficient

Chainspect

Polygon Nakamoto Coefficient is 58.33% lower than Algorand Nakamoto Coefficient

Polygon logo
5
Algorand logo
12

Validators

Chainspect

Polygon has 94.41% fewer validators than Algorand

Polygon logo
104
Algorand logo
1,862

Stake

Chainspect

Polygon stake is 2.01X higher than Algorand stake

Polygon logo
$902.7M
Algorand logo
$449.4M

Consensus Mechanism

Chainspect

Polygon is PoS, while Algorand is Pure Proof of Stake

Polygon logo
Proof of Stake (PoS)
Algorand logo
Pure Proof of Stake

Governance

Chainspect

Polygon off-chain governance is worse than Algorand on-chain governance

Polygon logo
Off-chain
Algorand logo
On-chain

Polygon vs Algorand Developer Activity New

Developers

Chainspect

Polygon has 3.08X more developers than Algorand

Polygon logo
1,653
Algorand logo
536

Repos

Chainspect

Polygon has 7.49% fewer repos than Algorand

Polygon logo
148
Algorand logo
160

Commits

Chainspect

Polygon has 1.74X more commits than Algorand

Polygon logo
61,384
Algorand logo
35,295

Stars

Chainspect

Polygon has 1.8X more stars than Algorand

Polygon logo
9,099
Algorand logo
5,061

Watchers

Chainspect

Polygon has 1.84X more watchers than Algorand

Polygon logo
1,802
Algorand logo
981

Polygon vs Algorand Real-Time TPS Chart

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Other Comparisons

About Blockchains

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.

About 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.

Blockchains Socials

Polygon Socials

Algorand Socials