What is the average time between blocks on Polygon?
What was the maximum and minimum recorded time between two locks?
How many transactions are done in a block on average?
How do these numbers compare to L1 such as Flow or Solana, or other L2 such as Arbitrum or Optimism?
Introduction
What is Blockchain?
Blockchain allows digital information to be distributed over multiple nodes in the network. It powers the backbone of bitcoin and cryptocurrency. In other words, a Blockchain is a distributed ledger that powers bitcoin. Satoshi invented bitcoin, and blockchain was the key component. Blockchain is highly secured and works around a decentralized consensus algorithm where no one can own the control completely.
Let's divide the word blockchain into two parts: block and chain. A block is a set of transactions that happen over the network. The chain is where blocks are linked to each other in a way that the next block contains a hash of the previous one. Even a small change in the previous block can change its hash and break the whole chain, making it difficult to tamper with data. [+,+]
Analysis
This dashboard visualizes the Time difference between blocks in multiple blockchains, like Polygon, Solana, Flow, and Optimism. The metrics are as follows:
Maximum, minimum, and average time between two concurrent blocks
The average number of transactions in a block
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Takeaways
Between Polygon, Solana, Flow ,and Optimism we see some interesting findings as follows [if you couldn’t focused on charts]
Solana has the maximum average number of transactions in a block
Polygon has the maximum time difference between preceding blocks
Solana and Flow have the most maximum time difference between preceding blocks
Polygon’s most blocks were created between 2 to 5 seconds
Flow’s and Solana’s most blocks were created between 0 to 5 seconds approximately