Polkadot vs Cosmos
Polkadot and Cosmos 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 | Cosmos | |
|---|---|---|
| Created by | Gavin Wood, Robert Habermeier and Peter Czaban | Ethan Buchman and Jae Kwon |
| Native token | DOT | ATOM |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | BLAKE2 | SHA-256 |
| Supports EVM | No | No |
| TPS | 1000 | 10000 |
| Block time (secs) | 6 | 1 |
| Layer | 0 | 0 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.08792 | $0.01 |
| Staking rewards (APR) | 14.5% | 25.4% |
High-level Comparisons
Is Polkadot faster than Cosmos?
No, Polkadot only processes 1000 transactions per second. Cosmos processes up to 10000.
Is Polkadot cheaper than Cosmos?
No, Polkadot has an average transaction fee of $0.08792, whereas Cosmos costs $0.01.