Cardano vs Bitcoin
Cardano and Bitcoin 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
Cardano | Bitcoin | |
---|---|---|
Created by | Charles Hoskinson | Satoshi Nakamoto |
Native token | ADA | BTC |
Consensus algorithm | PoS | PoW |
Hashing algorithm | EdDSA | SHA-256 |
Supports EVM | No | No |
TPS | 250 | 5 |
Block time (secs) | 20 | 600 |
Layer | 1 | 1 |
Supports smart contracts | Yes | No |
Average transaction fee | $0.18 | $5.0973 |
Staking rewards (APR) | 5% | 0% |
High-level Comparisons
Is Cardano faster than Bitcoin?
Yes, Cardano can process 250 transactions per second. Bitcoin only processes up to 5.
Is Cardano cheaper than Bitcoin?
Yes, Cardano has an average transaction fee of $0.18, whereas Bitcoin costs $5.0973.