Cosmos vs Bitcoin
Cosmos 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
| Cosmos | Bitcoin | |
|---|---|---|
| Created by | Ethan Buchman and Jae Kwon | Satoshi Nakamoto |
| Native token | ATOM | BTC |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | SHA-256 | SHA-256 |
| Supports EVM | No | No |
| TPS | 10000 | 5 |
| Block time (secs) | 1 | 600 |
| Layer | 0 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.01 | $5.0973 |
| Staking rewards (APR) | 25.4% | 0% |
High-level Comparisons
Is Cosmos faster than Bitcoin?
Yes, Cosmos can process 10000 transactions per second. Bitcoin only processes up to 5.
Is Cosmos cheaper than Bitcoin?
Yes, Cosmos has an average transaction fee of $0.01, whereas Bitcoin costs $5.0973.