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- Polygon vs Celo
Polygon vs Celo Scalability
Real-time TPS
Polygon TPS is 1.23X higher than Celo TPS
Max TPS (100 blocks)
Polygon max TPS is 1.6X higher than Celo max TPS
Max Theoretical TPS
Polygon max theoretical TPS is 1.5X higher than Celo max theoretical TPS
Transaction Volume
Polygon transaction volume is 1.23X higher than Celo transaction volume
Block Time
Polygon block time is 2.56X longer than Celo block time
Finality
Polygon finality is 99.66% shorter than Celo finality
Type
Polygon is a sidechain, while Celo is a layer 2 blockchain
Launch Date
Polygon was launched 1 month after Celo
Polygon vs Celo Decentralization New
Nakamoto Coefficient
Polygon Nakamoto Coefficient is 4X higher than Celo Nakamoto Coefficient
Validators
Polygon has 102X more validators than Celo
Stake
Polygon stake is 3.431B POL, while Celo has no data
Consensus Mechanism
Polygon is PoS, while Celo is Rollup (Optimistic)
Governance
Polygon off-chain governance is worse than Celo on-chain governance
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.