Monero vs Bitcoin

Monero and Bitcoin 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 byRiccardo SpagniSatoshi Nakamoto
Native tokenXMRBTC
Consensus algorithmPoWPoW
Hashing algorithmrandomxSHA-256
Supports EVMNoNo
Block time (secs)120600
Supports smart contractsNoNo
Average transaction fee$0.001$5.0973
Staking rewards (APR)0%0%

High-level Comparisons

Is Monero faster than Bitcoin?

Yes, Monero can process 1700 transactions per second. Bitcoin only processes up to 5.

Is Monero cheaper than Bitcoin?

Yes, Monero has an average transaction fee of $0.001, whereas Bitcoin costs $5.0973.