Monero vs Avalanche
Monero and Avalanche 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 | Avalanche | |
|---|---|---|
| Created by | Riccardo Spagni | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin |
| Native token | XMR | AVAX |
| Consensus algorithm | PoW | PoS |
| Hashing algorithm | randomx | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 1700 | 4500 |
| Block time (secs) | 120 | 2 |
| Layer | 1 | 0 |
| Supports smart contracts | No | Yes |
| Average transaction fee | $0.001 | $0.12 |
| Staking rewards (APR) | 0% | 8.96% |
High-level Comparisons
Is Monero faster than Avalanche?
No, Monero only processes 1700 transactions per second. Avalanche processes up to 4500.
Is Monero cheaper than Avalanche?
No, Monero has an average transaction fee of $0.001, whereas Avalanche costs $0.12.