Compare Polygon vs Concordium
Open in ChatGPTPolygon vs Concordium Scalability
Real-time TPS (1H)
Polygon TPS is 1,769X higher than Concordium TPS
Data from Chainspect
Max TPS (100 blocks)
Polygon max TPS is 8.32X higher than Concordium max TPS
Data from Chainspect
Max Theoretical TPS
Polygon max theoretical TPS is 64.28% lower than Concordium max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Polygon transaction volume is 1,770X higher than Concordium transaction volume
Data from Chainspect
Block Time (1H)
Polygon block time is 0.22% shorter than Concordium block time
Data from Chainspect
Finality
Polygon finality is 2.5X longer than Concordium finality
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Type
Polygon is a sidechain, while Concordium is a layer 1 blockchain
Data from Chainspect
Total Transactions (All time)
Polygon has 36X more total transactions than Concordium
Data from Chainspect
Launch Date
Polygon was launched 1 year before Concordium
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Polygon vs Concordium Decentralization
Nakamoto Coefficient
Polygon Nakamoto Coefficient is 33.33% lower than Concordium Nakamoto Coefficient
Data from Chainspect
Validators
Polygon has 1.4X more validators than Concordium
Data from Chainspect
Stake
Polygon stake is 4.05X higher than Concordium stake
Data from Chainspect
Consensus Mechanism
Polygon and Concordium are both PoS
Data from Chainspect
Governance
Polygon off-chain governance is better than Concordium council governance
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Polygon vs Concordium Developer Activity
Developers
Polygon has 8.86X more developers than Concordium
Data from Chainspect
Commits
Polygon has 0.07% fewer commits than Concordium
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Repos
Polygon has 2.38X more repos than Concordium
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Stars
Polygon has 8.86X more stars than Concordium
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Watchers
Polygon has 6.92X more watchers than Concordium
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Polygon vs Concordium Financials New
Chain Revenue
Polygon chain revenue is 886X higher than Concordium chain revenue
Data from Chainspect
Average Transaction Fee
Polygon average transaction fee is 44.78% lower than Concordium average transaction fee
Data from Chainspect
Market Cap
Polygon market cap is 8.03X higher than Concordium market cap
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FDV
Polygon FDV is 6.64X higher than Concordium FDV
Data from Chainspect
Market Cap / FDV
Polygon Market Cap to FDV ratio is 1.21X higher than Concordium Market Cap to FDV ratio
Data from Chainspect
Price
Polygon price is 8.98X higher than Concordium price
Data from Chainspect
Polygon vs Concordium Real-time TPS Chart
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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.