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TECHNOLOGY
Find out how Pooky's technology sets us apart in the sports gaming industry"
Polygon, formerly the Matic network, is an innovative protocol and development tool that merges the best elements of the Ethereum blockchain and sovereign blockchains into a full-fledged multi-chain system. Polygon has the same security and interoperability as the Ethereum blockchain but is cheaper and faster to use.
We've studied 10 blockchains before we made the choice of building Pooky on Polygon. Here are a few reasons why:
- Polygon has one of the lowest block times, close to 2 seconds. This is incredibly important in a gaming application where reactivity matters for the end user. Combined with a 7500+ block per second capacity, this ensures quick responses to the end user.
- Polygon has a great ecosystem, a great reputation in the gaming world with a large number of Github contributors (only bested by Ethereum at the time of our study)
- Polygon has very low gas fees. Polygon uses Proof of Stake (PoS) - more on that in the Sustainability section.
Energy consumption comparison between PoW blockchains and Polygon
According to estimates, the biggest PoW blockchains can consume between 35–140 TWh of electricity per year, with a continuous draw of between 3–15 GW. If they were countries, the two biggest PoW blockchains would be ranked 27th in yearly energy consumption — above the likes of Sweden, Vietnam and Argentina.
By contrast, Polygon’s validators consume approximately 0.00079TWh of electricity per year, with an approximate continuous draw of 0.00009GW.
These are orders of magnitude below the energy consumption of major PoW blockchain networks.
To put Polygon’s eco-friendliness in perspective, Polygon’s yearly energy consumption is equivalent to
- Greenhouse emissions from 122 passenger vehicles driven for one year
- CO2 emissions from 101 homes’ electricity use for one year
A Green Blockchain
On April 19, 2022, The Polygon network released its Green Manifesto: A Smart Contract with Planet Earth. The manifesto announced Polygon’s commitment to become carbon neutral and climate positive this year. It also committed $20 million to offset its carbon footprint and purchase additional credits.
Last modified 1mo ago