Polkadot vs Avalanche
Polkadot 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
| Polkadot | Avalanche | |
|---|---|---|
| Created by | Gavin Wood, Robert Habermeier and Peter Czaban | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin |
| Native token | DOT | AVAX |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | BLAKE2 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 1000 | 4500 |
| Block time (secs) | 6 | 2 |
| Layer | 0 | 0 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.08792 | $0.12 |
| Staking rewards (APR) | 14.5% | 8.96% |
High-level Comparisons
Is Polkadot faster than Avalanche?
No, Polkadot only processes 1000 transactions per second. Avalanche processes up to 4500.
Is Polkadot cheaper than Avalanche?
No, Polkadot has an average transaction fee of $0.08792, whereas Avalanche costs $0.12.