CoinDesk’s Misleading Information On Blockchain Performance Exposed
Recently, there has been a debate on the accuracy of information regarding blockchain performance in the media. The discussion was sparked by a recent article published by CoinDesk, which claimed that the transaction speed of Polygon is faster and the network fee is cheaper than that of Solana. Some argued that Solana is 40 times cheaper with compression and 10-100 times faster than Polygon.
Following this mistake, CoinDesk updated its article by stating that chains are relatively equal in both factors. This statement was quickly criticized by OxMert_, who argued that Solana has about 40 times cheaper fees (and actually 5000 times with compression) and about 10-100 times faster transactions. Added to this, an account known as Richard Patel claimed that CoinDesk’s information on blockchain performance is inaccurate, citing that transaction times on Polygon are 5 times higher than on Solana (~2200ms vs. 400ms). Fees are roughly 35 times more expensive. As the data showed on Polygon Website, it takes about $0.015 cost per transaction, while Solana takes about $0.00025 per transaction.
Source
https://t.me/Crypto_Futures_Trading
