Cosmos vs Polkadot
Cosmos and Polkadot 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 | Polkadot | |
|---|---|---|
| Created by | Ethan Buchman and Jae Kwon | Gavin Wood, Robert Habermeier and Peter Czaban |
| Native token | ATOM | DOT |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | SHA-256 | BLAKE2 |
| Supports EVM | No | No |
| TPS | 10000 | 1000 |
| Block time (secs) | 1 | 6 |
| Layer | 0 | 0 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.01 | $0.08792 |
| Staking rewards (APR) | 25.4% | 14.5% |
High-level Comparisons
Is Cosmos faster than Polkadot?
Yes, Cosmos can process 10000 transactions per second. Polkadot only processes up to 1000.
Is Cosmos cheaper than Polkadot?
Yes, Cosmos has an average transaction fee of $0.01, whereas Polkadot costs $0.08792.