Monero vs Arbitrum
Monero and Arbitrum 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
Monero | Arbitrum | |
---|---|---|
Created by | Riccardo Spagni | Germans Gedgauds |
Native token | XMR | ETH |
Consensus algorithm | PoW | PoS |
Hashing algorithm | randomx | KECCAK-256 |
Supports EVM | No | Yes |
TPS | 1700 | 4000 |
Block time (secs) | 120 | 13 |
Layer | 1 | 2 |
Supports smart contracts | No | Yes |
Average transaction fee | $0.001 | $0.101 |
Staking rewards (APR) | 0% | % |
High-level Comparisons
Is Monero faster than Arbitrum?
No, Monero only processes 1700 transactions per second. Arbitrum processes up to 4000.
Is Monero cheaper than Arbitrum?
No, Monero has an average transaction fee of $0.001, whereas Arbitrum costs $0.101.