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What is the average time between blocks on Polygon?
Introduction
Polygon is a scaling solution whose aim is to provide multiple tools to reduce the cost and complexities of blockchains while improving transaction speeds. It is a framework for building interconnected blockchain networks.
Ethereum, a platform home to various dApps, is central to Polygon’s vision. These decentralized apps have made it easy for users to interact with new financial products, buy art pieces, play games, and even join virtual worlds. However, the amount of activity on Ethereum causes network clogs and raises the cost of transactions.
Polygon seeks to address some of the challenges that face the Ethereum network, such as high transaction costs and lack of community governance, by providing a sidechain solution. Polygon is a Layer 2 solution built on Ethereum. This sidechain is not an “Ethereum killer” but was created to help Ethereum expand in efficiency, security, size, and usefulness.
Conclusion
As network adoption increased, we can observe that the average transactions per block in general increases over time, ignoring the spikes in average transaction per block in some of the days.
What is the maximum and minimum time recorded between two blocks? Minimum 2 and maximum 25 On average, how many transactions are done in a block? 60
The chart below shows the number of Blocks per Day since inception. It has rarely dipped below 37k blocks.
The chart below shows block times on a daily basis. While maximum block times have varied between 5 and 10, Polygon has consistently pulled an average of 2 blocks. There was also a 1 second block.
Looking at the number of transactions per block, we can see a steady increase in average number of transactions added in a block per day. We can see that ~1300is the maximum number transactions squeezed into a block, this also seems to be the current upper limit.