Analysis on Polygon and BSC(Smart vs flexibility)
A detailed analysis between polygon and BSC to understand the current situation (Q3 2022).
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Polyogon is a blackchain platform which aims to create a multi-chain blockchain excosystem compatible with Ehereum. Polygon platform increases flexibility,scalability and sovereignty of a block chaim project while still affording the securtiy., Mark Cuban and Balaji Srinivasan were the actual investors og polygon and founded by Jaynti kanani,Sandeep Nailwal and Anurag Arjun in 2017.
BSC is Binance Smart chain which is blockchain network built for running smart contract based applications. It is desgined to provide high performance infrastructure for decentralised trading, building dApps, interoperability between other blockchains and support of smart contracts and other DeFi products.It is live from Septermber 2020.
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As can be seen from the above bar chart, BSC sales improved significantly more than Polygon's in this quarter, and they performed much better and generated the highest revenue of the year in November. When I digged a little bit deeper, I discovered that binance was the top project with over 2M, followed by Kucoin 99K. I've also determined that starting in July 2022, not a single transaction in the BSC failed.
This Dashboard contains Most popular projects and counts of TX_Status of Polygon and Deep Dive into Amount of Sales for the current quarter from July on a single chart with polygon and BSC. While BSC is doing well in Novemeber, I deep dive into Top 5 projects of BNC and i also identified that there is not even single failute Transaction in BNC in the given time.




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- Conclusion: After a comprehensive analysis of Polygon and BSC, I can see that BSC is performing splendidly this quarter, especially in November, when there were a lot more sellers and buyers and strong business numbers.
