Polygon Block Performance

    This dashboard was written on July 27, 2022.

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    What is the average time between blocks on Polygon?

    The graph above shows the average time between blocks in Polygon on a daily basis. This chart is designed according to the data available in Flipside.

    This chart shows the period from June 6, 2022 to July 26, 2022.

    Also, in the table above, you can see the overall average time between two blocks, the average number of transactions, and the maximum and minimum time.

    As you can see, the average time between two blocks is 2.25 seconds.

    When we check the daily chart, we can see that in general, the daily average time between two blocks in the Polygon blockchain has been increasing, although it has had many fluctuations. The highest average daily time was recorded on July 25 with a time of 2.51, and the lowest average time was recorded on June 11.

    Also, according to the table above, you can see that the longest time between two blocks is 25 seconds and the shortest time between two blocks is 2 seconds.

    The chart above compares the minimum recorded time between two blocks of the polygon blockchain with layer 1 and 2 blockchains.

    As you can see, the minimum recorded time for polygon is 2 seconds, and the other blockchains reviewed in this analysis have a minimum recorded time of zero.

    In this chart, it compares the maximum recorded time between two blocks of the polygonal blockchain with layer 1 and 2 blockchains.

    The maximum recorded time between two blocks in the polygon is 25 seconds. Most of all, in this chart, the maximum time recorded between two blocks in Arbitrum from layer 2 is recorded with a time of 23.421k. After that, blockchain flow from layer 1 has been recorded with a duration of 17k seconds. The maximum time recorded in the Solana blockchain is 16k. But the maximum time between two blocks in the second layer blockchain of Optimism is 58 seconds. So as a result, by comparing the maximum time between two blocks in Polygon with some blocks of layer 1 and 2, we observed that the maximum time recorded for Polygon was less than the investigated networks.

    Conclusion:

    The polygon network has the highest average time between two blocks compared to the investigated networks from layer 1 and 2. Also, the polygon network with the minimum time between two blocks of 2 seconds in the bar graph is higher than other blockchains, and in the graph of the maximum time recorded between two blocks, it was lower than the other 4 networks with a maximum of 25 seconds. And finally you saw that after the Solana network, there was a polygon network with 75 transactions in a block.

    Introduction:

    Polygon is a cryptocurrency, with the symbol MATIC, and also a technology platform that enables blockchain networks to connect and scale. Polygon—"Ethereum's internet of blockchains"— launched under the name Matic Network in 2017.(reference)

    Block time is the measure of the time it takes the miners or validators within a network to verify transactions within one block and produce a new block in that blockchain.(reference)

    At the beginning of this dashboard, we checked the average time between blocks in Polygon. And in the following, we have shown the maximum and minimum time recorded between two polygon blocks and compared it with some layer 1 and layer 2 blockchains. In the next part, we showed how many transactions were done in one block on average.

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    In the bar graph above, the average time between two blocks of the polygon blockchain is compared with solana and flow from layer 1 and Arbitrum and Optimismfrom layer 2.

    In the chart above, you can see that the Polygon blockchain has the highest average time between two blocks with an average of 2.25. After polygon, flow blockchain is from the first layer with an average of 1.46 seconds. But after these two blockchains, Arbitrum is from layer 2 with an average of 1.1 seconds. Also, after Arbitrum, the Optimism blockchain is located with an average of 0.89 seconds. Below all the blockchains, the first layer blockchain of Solana is located with an average time of 0.66 seconds between two blocks.

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    In this part of the dashboard, we have shown the average number of transactions in a block in a polygon and compared it with some layer 1 and 2 blockchains.

    On average, 75 transactions are done in one block in polygon.

    In the bar chart above, you can see the average transactions done in one block, solana, flow, polygon, Arbitrum, Optimism blockchains. The highest number of transactions in one block is recorded for Solana blockchain with 1750 transactions in one block. After that polygon is located with 75 transactions. Below the polygon are respectively flow with 13 transactions and Arbitrum and Optimism with one transaction in one block.