2.2 Average Time Between Blocks

On average, the five chains commit blocks at frequencies between 0.5 and 2.5 secons.

The fastest are Solana, Optimism, and Arbitrum.

Polygon is the slowest at more than 2 seconds between block.

2.3 Edge Times Between Blocks

For all blockchains except for Polygon, the miminum time between blocks is smaller than one second.

In the case of Solana, as discussed on the Flipside discord, the negative time between blocks is not due to time travel but rather to an error in the Flipside tables.

Regarding the maximum time between blocks, Solana, Arbitrum, and Flow show 11, 16, and 37 days between their furthest blocks, which could be attributed to either inacuracies in the data or data from when the chains were in the development process.

Optimism and Polygon show more reasonable numbers: 1 minute and 5 minutes respectively.

2.4 Averga Transactions in a Block

The chain that can handle the most transactions in a block is Solana, followed by Polygon.

Arbitrum and Optimism seem to commit a single block for each transaction.

2.5 Edge Transactions per Block

The minimum number of transactions commited on each block is 0 for all blockchains but Polygon, for which the minimum seems to be of 1 transaction.

The maximum for Optimism is 1 transaction, while that of Solana is of almost 7600 transactions.

There does not seem to be a clear trend between L1 compared to L2 blockchains.

3. Takeaways

• Solana is the most used L1 blockchain in our study, while Polygon is the most used L2.
• Polygon can handle on average a block every 2.25 seconds, and each block has around 75 transactions.

Contact data

Thank you for reading!

For any questions or feedback, feel free to contact me on Discord at CarlOwOs#4288 or Twitter at @CarlOwOs1

July 27th, 2022.

2.1 Polygon Summary

From the average data we can estimate that there are around 38.4K blocks with a total of 2.88M transactions commited daily to the Polygon blockchain.

0. What is Polygon?

Polygon is an L2 solution to Ethereum, meaning it leverages Ethereum's security by holding funds on-chain while performing the bulk of the computation off-chain. This is powered through the ZK roll-up technology. Polygon, like other L2 solutions to Ethereum like Optimism or Arbitrum, is much cheaper and faster than Ethereum Mainnet.

1. Dashboard Objectives

On this dashboard, we study block performance in Polygon both in terms of time in between blocks committed to the blockchain (in seconds) and the number of transactions committed on each block. We compare the performance on the Polygon network to the Solana and Flow L1s, as well as the Optimism and Arbitrum L2 scaling solutions.

2. Analysis

2.6 Average Tx per Second

We have seen the average time between blocks, as well as the average transactions on each block. By dividing the transactions over the time between blocks we can get an estimate of the transactions per second.

This is not a representation of each blockchain’s capability, but rather it shows its usage.

Solana is the chain that handles the most transactions per second, followed by Polygon.