Cardano vs Monero
Cardano and Monero 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 | Monero | |
|---|---|---|
| Created by | Charles Hoskinson | Riccardo Spagni |
| Native token | ADA | XMR |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | EdDSA | randomx |
| Supports EVM | No | No |
| TPS | 250 | 1700 |
| Block time (secs) | 20 | 120 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.18 | $0.001 |
| Staking rewards (APR) | 5% | % |
High-level Comparisons
Is Cardano faster than Monero?
No, Cardano only processes 250 transactions per second. Monero processes up to 1700.
Is Cardano cheaper than Monero?
No, Cardano has an average transaction fee of $0.18, whereas Monero costs $0.001.