BNB Chain vs Polygon

BNB Chain and Polygon are two popular blockchains. In this article we'll compare them across a variety of metrics. Both blockchains have their own strengths and weaknesses, and we'll explore them below.

Table of Contents

  1. Metrics
  2. Comparison

Comparing Metrics

BNB ChainPolygon
Created byChangpeng ZhaoJaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic
Native tokenBNBMATIC
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
Block time (secs)32
Supports smart contractsYesYes
Average transaction fee$0.35$0.018
Staking rewards (APR)0%4.78%

High-level Comparisons

Is BNB Chain faster than Polygon?

No, BNB Chain only processes 2200 transactions per second. Polygon processes up to 7000.

Is BNB Chain cheaper than Polygon?

No, BNB Chain has an average transaction fee of $0.35, whereas Polygon costs $0.018.