Polygon vs Bitcoin

Polygon and Bitcoin 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 byJaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo BjelicSatoshi Nakamoto
Native tokenMATICBTC
Consensus algorithmPoSPoW
Hashing algorithmKECCAK-256SHA-256
Supports EVMYesNo
Block time (secs)2600
Supports smart contractsYesNo
Average transaction fee$0.018$5.0973
Staking rewards (APR)4.78%0%

High-level Comparisons

Is Polygon faster than Bitcoin?

Yes, Polygon can process 7000 transactions per second. Bitcoin only processes up to 5.

Is Polygon cheaper than Bitcoin?

Yes, Polygon has an average transaction fee of $0.018, whereas Bitcoin costs $5.0973.