Comparing two Chains: Ethereum & Polygon

Overview:

Ethereum vs. Polygon: what is the difference, and which one is better? This dilemma is lately mostly discussed among creators. The choice of the network plays a vital role in the project’s success. But it also draws interest from the other crypto and blockchain enthusiasts. In this article, we thoroughly compare Ethereum and Polygon blockchain platforms.

** I will try to analyze the main metrics of both blockchains with the RRR model (Reach-Retention-Revenue) and issue my verdict.

All charts was created with Increment tool from Covalent team and you can check it through this link **

https://www.covalenthq.com/platform/increment/#/pages/al_rskl1210/ethereum-vs-polygon-by-rskl/

Reach:

The number of transactions in Matiс exceeds the number of transactions in Ethereum several times

And the number of transactions per second is very high (2 times more)

Retention:

A few key concepts: 1. DAU - daily active users. Users that interact with blockchain 1 or more time per day. 2. MAU - monthly active users. Users that interact with blockchain 1 or more time per month. 3. Stickiness Ratio - Ratio of DAU / MAU (in %)
4. Active user days / Week - Days when users make actions with blockchain in one week.

Stickiness Ratio for Matic more than for Ethereum on 1% - 2%

Dau for Polygon is about 330.000 users and MAU about 3.500.000 users

Dau for Ethereum is about 350.000 users and MAU about 3.000.000 users

Days active per week a little more on Matic

Revenue:

Ethereum earns several dozen times more than Polygon

This is due to high fees in Ethereum and very low fees in Polygon.

Only 1.2% of all gas were paid on Polygon and other 98.8% were on Ethereum

Conclusion:

Polygon is a good analogue of Ethereum with cheap commissions and good statistics, if you want to create a project and spend less money on its maintenance, then Matic is your choice, but if you want a larger solvent audience, then it is better to create something on Ethereum.

This document was prepared for Week 1 of Covalent Data Alchemist Bootcamp Season 2 by [rskl]