Monero vs Polkadot

Monero and Polkadot 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 SpagniGavin Wood, Robert Habermeier and Peter Czaban
Native tokenXMRDOT
Consensus algorithmPoWPoS
Hashing algorithmrandomxBLAKE2
Supports EVMNoNo
Block time (secs)1206
Supports smart contractsNoYes
Average transaction fee$0.001$0.08792
Staking rewards (APR)0%14.5%

High-level Comparisons

Is Monero faster than Polkadot?

Yes, Monero can process 1700 transactions per second. Polkadot only processes up to 1000.

Is Monero cheaper than Polkadot?

Yes, Monero has an average transaction fee of $0.001, whereas Polkadot costs $0.08792.