Ethereum vs Polygon

Ethereum 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

  1. Metrics
  2. Comparison

Comparing Metrics

Created byVitalik ButerinJaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic
Native tokenETHMATIC
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
Block time (secs)122
Supports smart contractsYesYes
Average transaction fee$17.48$0.018
Staking rewards (APR)3.31%4.78%

High-level Comparisons

Is Ethereum faster than Polygon?

No, Ethereum only processes 27 transactions per second. Polygon processes up to 7000.

Is Ethereum cheaper than Polygon?

No, Ethereum has an average transaction fee of $17.48, whereas Polygon costs $0.018.