Cosmos vs Polygon
Cosmos 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
| Cosmos | Polygon | |
|---|---|---|
| Created by | Ethan Buchman and Jae Kwon | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic |
| Native token | ATOM | MATIC |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | SHA-256 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 10000 | 7000 |
| Block time (secs) | 1 | 2 |
| Layer | 0 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.01 | $0.018 |
| Staking rewards (APR) | 25.4% | 4.78% |
High-level Comparisons
Is Cosmos faster than Polygon?
Yes, Cosmos can process 10000 transactions per second. Polygon only processes up to 7000.
Is Cosmos cheaper than Polygon?
Yes, Cosmos has an average transaction fee of $0.01, whereas Polygon costs $0.018.