Polygon

The Polygon platform operates using the Ethereum blockchain and connects Ethereum-based projects.

Using the Polygon platform can increase the flexibility, scalability, and sovereignty of a blockchain project while still affording the security, interoperability, and structural benefits of the Ethereum blockchain.2 \n

MATIC is an ERC-20 token, meaning that it's compatible with other Ethereum-based digital currencies. MATIC is used to govern and secure the Polygon network and to pay network transaction fees.3 \n

1.What was the maximum, average and minimum recorded time between two blocks?

The minimum time between 2 blocks in the Polygon chain is 2 seconds and on average this number is 2.24 seconds and the maximum time recorded between 2 blocks is 25 seconds.

You can see these numbers daily in the graph above

We compared the Polygon blockchain with other blockchains in terms of the time interval between 2 blocks, in terms of the average time between 2 blocks,

the Polygon chain after Solana has recorded the shortest time between 2 blocks,

In the daily graphs, we have compared both the maximum time and the average time between blocks on a daily basis

How many transactions are done in a block on average?

On average, the Polygon blockchain performs 74 transactions in one block, and the maximum time it has recorded for this issue is 1332 transactions in one block.

Both on average and maximum, Polygon is in the third place among the reviewed ranks, you can see the comparison of this topic on a daily basis in the graphs above.

Conclusion

1. The recorded times between blocks in the Polygon chain are as follows:

• Minimum: 2 seconds
• Average: 2.24 seconds
• Maximum: 25 seconds

2. Also, the number of transactions done in one block for Poligan is as follows:

• Average: 74.7 Txn
• Maximum: 1332 Txn

3. the Polygon chain after Solana has recorded the shortest time between 2 blocks,
4. And also in terms of the number of transactions in a block, it ranks third after Ethereum and Solana

The Polygon network allows you to do many of the same things the main Ethereum network allows, but with fees that are often a fraction of a cent. You can try decentralized exchanges like QuikSwap or SushiSwap, yield-generating lending and savings protocols like Aave, NFT markets like OpenSea, or even “no-loss prize games” like Pooltogether. 

To try the Polygon network, you need to send some crypto to a compatible crypto wallet like Coinbase Wallet. You can then “bridge” some of your crypto — stablecoins are a popular choice for this — to the Polygon network. You’ll also need to bridge some MATIC to make transactions, but even a dollar’s worth is plenty because fees are so low. 

Low fees and near-instant transactions make the Polygon network an excellent way to gain some real-world experience trying out DeFi protocols.