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
Comparing Metrics
| BNB Chain | Polygon | |
|---|---|---|
| Created by | Changpeng Zhao | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic |
| Native token | BNB | MATIC |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 2200 | 7000 |
| Block time (secs) | 3 | 2 |
| Layer | 1 | 2 |
| Supports smart contracts | Yes | Yes |
| 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.