Cosmos vs XRP
Cosmos and XRP 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 | XRP | |
---|---|---|
Created by | Ethan Buchman and Jae Kwon | Jed McCaleb, Arthur Britto and David Schwartz |
Native token | ATOM | XRP |
Consensus algorithm | PoS | RPCA |
Hashing algorithm | SHA-256 | RPCA |
Supports EVM | No | No |
TPS | 10000 | 1500 |
Block time (secs) | 1 | 10 |
Layer | 0 | 1 |
Supports smart contracts | Yes | No |
Average transaction fee | $0.01 | $0.0002 |
Staking rewards (APR) | 25.4% | 3.03% |
High-level Comparisons
Is Cosmos faster than XRP?
Yes, Cosmos can process 10000 transactions per second. XRP only processes up to 1500.
Is Cosmos cheaper than XRP?
Yes, Cosmos has an average transaction fee of $0.01, whereas XRP costs $0.0002.