Compare Polygon vs Bitcoin
Open in ChatGPTPolygon vs Bitcoin Scalability
Real-time TPS (1H)
Polygon TPS is 5.64X higher than Bitcoin TPS
Data from Chainspect
Max TPS (100 blocks)
Polygon max TPS is 41X higher than Bitcoin max TPS
Data from Chainspect
Max Theoretical TPS
Polygon max theoretical TPS is 340X higher than Bitcoin max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Polygon transaction volume is 8.18X higher than Bitcoin transaction volume
Data from Chainspect
Block Time (1H)
Polygon block time is 99.19% shorter than Bitcoin block time
Data from Chainspect
Finality
Polygon finality is 99.86% shorter than Bitcoin finality
Data from Chainspect
Type
Polygon is a sidechain, while Bitcoin is a layer 1 blockchain
Data from Chainspect
Total Transactions (All time)
Polygon has 5.35X more total transactions than Bitcoin
Data from Chainspect
Launch Date
Polygon was launched 11 years after Bitcoin
Data from Chainspect
Polygon vs Bitcoin Decentralization
Nakamoto Coefficient
Polygon Nakamoto Coefficient is the same as Bitcoin Nakamoto Coefficient
Data from Chainspect
Validators/Miners
Polygon has 26.61% fewer validators than Bitcoin has miners
Data from Chainspect
Stake/Hashrate
Polygon stake is $351.8M, while Bitcoin hashrate is 1.24K EH/s
Data from Chainspect
Consensus Mechanism
Polygon is PoS, while Bitcoin is PoW
Data from Chainspect
Governance
Polygon and Bitcoin governance are both off-chain
Data from Chainspect
Polygon vs Bitcoin Developer Activity
Developers
Polygon has 8.36% fewer developers than Bitcoin
Data from Chainspect
Commits
Polygon has 45.78% fewer commits than Bitcoin
Data from Chainspect
Repos
Polygon has 7.22X more repos than Bitcoin
Data from Chainspect
Stars
Polygon has 91.1% fewer stars than Bitcoin
Data from Chainspect
Watchers
Polygon has 70.12% fewer watchers than Bitcoin
Data from Chainspect
Polygon vs Bitcoin Financials New
Chain Revenue
Polygon chain revenue is 19.34% lower than Bitcoin chain revenue
Data from Chainspect
Average Transaction Fee
Polygon average transaction fee is 95.05% lower than Bitcoin average transaction fee
Data from Chainspect
Market Cap
Polygon market cap is 99.93% lower than Bitcoin market cap
Data from Chainspect
FDV
Polygon FDV is 99.93% lower than Bitcoin FDV
Data from Chainspect
Market Cap / FDV
Polygon Market Cap to FDV ratio is 1.05X higher than Bitcoin Market Cap to FDV ratio
Data from Chainspect
Price
Polygon price is 99.99% lower than Bitcoin price
Data from Chainspect
Polygon vs Bitcoin Real-time TPS Chart
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Other Comparisons
Polygon 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 Bitcoin
Bitcoin stands as a leading cryptocurrency and payment network, utilizing peer-to-peer technology to operate without central authorities. It embraces global participation as an open-source platform. A notable advancement in Bitcoin is the introduction of ordinals and inscriptions. Launched in January 2023, the Bitcoin ordinals protocol enables the embedding of digital content like art, text, or video directly onto the Bitcoin blockchain. This innovation allows for the creation of exclusive digital collectibles, giving each satoshi a unique identity and purpose, broadening Bitcoin's utility beyond its role as a store of value.