Real-Time TPS
Polygon TPS is 911X more than IoTeX TPS
Max Recorded TPS
Polygon max TPS is 48.27% less than IoTeX max TPS
Max Theoretical TPS
Polygon max theoretical TPS is 35.06% less than IoTeX max theoretical TPS
Block Time
Polygon block time is 57.44% less than IoTeX block time
Finality
Polygon finality is 100% more than IoTeX finality
Type
Polygon is a layer 2 blockchain, while IoTeX is a layer 1 blockchain
Governance Model
Polygon off-chain governance is worse than IoTeX on-chain governance
Launch Date
Polygon was launched 1 year after IoTeX
Other Comparisons
Polygon Comparisons
About Blockchains
What is 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 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.
What is IoTeX?
IoTeX is a blockchain platform designed specifically for the Internet of Things (IoT) industry. It aims to address the scalability, privacy, and security challenges associated with connecting billions of devices to the internet. IoTeX utilizes a unique architecture that combines blockchain, decentralized identity, and secure hardware to create a trusted and privacy-centric infrastructure for IoT applications. It offers lightweight and efficient consensus mechanisms, support for trusted computing environments, and privacy-preserving techniques such as zero-knowledge proofs.