Monero vs Cardano
Monero and Cardano 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 | Cardano | |
|---|---|---|
| Created by | Riccardo Spagni | Charles Hoskinson |
| Native token | XMR | ADA |
| Consensus algorithm | PoW | PoS |
| Hashing algorithm | randomx | EdDSA |
| Supports EVM | No | No |
| TPS | 1700 | 250 |
| Block time (secs) | 120 | 20 |
| Layer | 1 | 1 |
| Supports smart contracts | No | Yes |
| Average transaction fee | $0.001 | $0.18 |
| Staking rewards (APR) | 0% | 5% |
High-level Comparisons
Is Monero faster than Cardano?
Yes, Monero can process 1700 transactions per second. Cardano only processes up to 250.
Is Monero cheaper than Cardano?
Yes, Monero has an average transaction fee of $0.001, whereas Cardano costs $0.18.