Real-Time TPS
Polygon TPS is 1.31X more than Celo TPS
Max Recorded TPS
Polygon max TPS is 1.6X more than Celo max TPS
Max Theoretical TPS
Polygon max theoretical TPS is 1.36X more than Celo max theoretical TPS
Block Time
Polygon block time is 55.09% less than Celo block time
Finality
Polygon finality is 100% more than Celo finality
Type
Polygon is a layer 2 blockchain, while Celo is a layer 1 blockchain
Governance Model
Polygon off-chain governance is worse than Celo on-chain governance
Launch Date
Polygon was launched 1 month after Celo
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 Celo?
Celo stands as a blockchain ecosystem with a mission to foster cryptocurrency adoption among smartphone users globally. Utilizing phone numbers as public keys, Celo aims to onboard billions of smartphone owners, including those lacking traditional banking access, into cryptocurrency transactions. The platform is engineered to offer a comprehensive range of stablecoins, decentralized identification solutions, and other resources, empowering both users and developers alike.