Compare Polygon vs Celo
Open in ChatGPTPolygon vs Celo Scalability
Real-time TPS (1H)
Polygon TPS is 3.51X higher than Celo TPS
Data from Chainspect
Max TPS (100 blocks)
Polygon max TPS is 1.6X higher than Celo max TPS
Data from Chainspect
Max Theoretical TPS
Polygon max theoretical TPS is 1.5X higher than Celo max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Polygon transaction volume is 3.51X higher than Celo transaction volume
Data from Chainspect
Block Time (1H)
Polygon block time is 2X longer than Celo block time
Data from Chainspect
Finality
Polygon finality is 99.66% shorter than Celo finality
Data from Chainspect
Type
Polygon is a sidechain, while Celo is a layer 2 blockchain
Data from Chainspect
Total Transactions
Polygon has 5.66X more total transactions than Celo
Data from Chainspect
Launch Date
Polygon was launched 1 month after Celo
Data from Chainspect
Polygon vs Celo Decentralization
Nakamoto Coefficient
Polygon Nakamoto Coefficient is 4X higher than Celo Nakamoto Coefficient
Data from Chainspect
Validators
Polygon has 103X more validators than Celo
Data from Chainspect
Stake
Polygon stake is $430.5M, while Celo has no data
Data from Chainspect
Consensus Mechanism
Polygon is PoS, while Celo is Rollup (Optimistic)
Data from Chainspect
Governance
Polygon off-chain governance is worse than Celo on-chain governance
Data from Chainspect
Polygon vs Celo Developer Activity
Developers
Polygon has 1.07X more developers than Celo
Data from Chainspect
Repos
Polygon has 14.04% fewer repos than Celo
Data from Chainspect
Commits
Polygon has 16.84% fewer commits than Celo
Data from Chainspect
Stars
Polygon has 2.98X more stars than Celo
Data from Chainspect
Watchers
Polygon has 1.16X more watchers than Celo
Data from Chainspect
Polygon vs Celo Financials New
Chain Revenue
Polygon chain revenue is 22X higher than Celo chain revenue
Data from Chainspect
Average Transaction Fee
Polygon average transaction fee is 6.07X higher than Celo average transaction fee
Data from Chainspect
Market Cap
Polygon market cap is 14X higher than Celo market cap
Data from Chainspect
FDV
Polygon FDV is 8.12X higher than Celo FDV
Data from Chainspect
Market Cap / FDV
Polygon Market Cap to FDV ratio is 1.7X higher than Celo Market Cap to FDV ratio
Data from Chainspect
Price
Polygon price is 22.97% lower than Celo price
Data from Chainspect
Polygon vs Celo 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 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.