Polygon vs Concordium

Polygon vs Concordium Scalability

Real-time TPS

Chainspect

Polygon TPS is 5,461X higher than Concordium TPS

Polygon logo
37.68 tx/s
Concordium logo
0.0069 tx/s

Max TPS (100 blocks)

Chainspect

Polygon max TPS is 6.64X higher than Concordium max TPS

Polygon logo
429.1 tx/s
Concordium logo
64.62 tx/s

Max Theoretical TPS

Chainspect

Polygon max theoretical TPS is 64.28% lower than Concordium max theoretical TPS

Polygon logo
714.3 tx/s
Concordium logo
2,000 tx/s

Transaction Volume

Chainspect

Polygon transaction volume is 5,426X higher than Concordium transaction volume

Polygon logo
135,640 txns
Concordium logo
25 txns

Block Time

Chainspect

Polygon block time is 1.06X longer than Concordium block time

Polygon logo
2.13s
Concordium logo
2s

Finality

Chainspect

Polygon finality is 2.5X longer than Concordium finality

Polygon logo
5s
Concordium logo
2s

Type

Chainspect

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

Polygon logo
Sidechain
Concordium logo
Layer 1 blockchain

Launch Date

Chainspect

Polygon was launched 1 year before Concordium

Polygon logo
May 30, 2020
Concordium logo
Jun 9, 2021

Polygon vs Concordium Decentralization New

Nakamoto Coefficient

Chainspect

Polygon Nakamoto Coefficient is 42.85% lower than Concordium Nakamoto Coefficient

Polygon logo
4
Concordium logo
7

Validators

Chainspect

Polygon has 1.25X more validators than Concordium

Polygon logo
105
Concordium logo
84

Stake

Chainspect

Polygon stake is 19X higher than Concordium stake

Polygon logo
$809.8M
Concordium logo
$42.74M

Consensus Mechanism

Chainspect

Polygon and Concordium are both PoS

Polygon logo
Proof of Stake (PoS)
Concordium logo
Proof of Stake (PoS)

Governance

Chainspect

Polygon off-chain governance is better than Concordium council governance

Polygon logo
Off-chain
Concordium logo
Council

Polygon vs Concordium Real-Time TPS Chart

Loading Data

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 Concordium

Concordium is a public Layer 1 blockchain platform designed for security, privacy, and scalability. Concordium was among the first to mandate identity verification at the blockchain consensus level while integrating zero-knowledge proofs (ZKPs) for selective disclosure. Launched on Mainnet in 2021, it embeds encrypted identity into every transaction at the protocol level, enabling accountability while preserving user confidentiality.

Its native cryptocurrency, CCD, powers the ecosystem, facilitating transaction fees, staking, voting, node operator rewards, and serving as collateral in Concordium's DeFi landscape.

The newly appointed CEO and Executive Management team have revealed a focused strategic direction to double down on PayFi, enabling stablecoin issuers, financial institutions, and payment providers to accelerate real-world adoption. With stablecoin settlement volumes projected to reach $300 billion per day by 2025, Concordium delivers an enterprise-ready blockchain infrastructure uniquely suited for secure, programmable money solutions, as well as compliance as required by new regulatory frameworks.

Blockchains Socials

Polygon Socials

Concordium Socials