Polygon vs Cardano
Polygon and Cardano 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 | Cardano | |
|---|---|---|
| Created by | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic | Charles Hoskinson |
| Native token | MATIC | ADA |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | EdDSA |
| Supports EVM | Yes | No |
| TPS | 7000 | 250 |
| Block time (secs) | 2 | 20 |
| Layer | 2 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.018 | $0.18 |
| Staking rewards (APR) | 4.78% | 5% |
High-level Comparisons
Is Polygon faster than Cardano?
Yes, Polygon can process 7000 transactions per second. Cardano only processes up to 250.
Is Polygon cheaper than Cardano?
Yes, Polygon has an average transaction fee of $0.018, whereas Cardano costs $0.18.