Real-time TPS
Polygon TPS is 33 tx/s, while Electra Protocol TPS is coming soon
Max Recorded TPS
Polygon max TPS is 429 tx/s, while Electra Protocol max TPS is coming soon
Block Time
Polygon block time is 2.13s, while Electra Protocol block time is coming soon
Finality
Polygon finality is 4m 16s, while Electra Protocol finality is coming soon
Type
Polygon is a layer 2 blockchain, while Electra Protocol type is unknown
Governance
Polygon governance is off-chain, while Electra Protocol governance is coming soon
Launch Date
Polygon was launched on May 30, 2020, while the Electra Protocol launch date is unknown
Other Comparisons
Polygon Comparisons
About Blockchains
About Blockchains
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.
About Blockchains
Electra Protocol is an ecosystem for near real-time transactions at almost no cost. Upcoming features include multicurrency payments and smart contracts that will empower anyone to create their own solutions. Simply put: Instant payments without needing a bank account.