Polygon vs Arbitrum
Polygon and Arbitrum 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
Polygon | Arbitrum | |
---|---|---|
Created by | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic | Germans Gedgauds |
Native token | MATIC | ETH |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 7000 | 4000 |
Block time (secs) | 2 | 13 |
Layer | 2 | 2 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.018 | $0.101 |
Staking rewards (APR) | 4.78% | % |
High-level Comparisons
Is Polygon faster than Arbitrum?
Yes, Polygon can process 7000 transactions per second. Arbitrum only processes up to 4000.
Is Polygon cheaper than Arbitrum?
Yes, Polygon has an average transaction fee of $0.018, whereas Arbitrum costs $0.101.