Polygon vs Ethereum

Polygon and Ethereum 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 BjelicVitalik Buterin
Native tokenMATICETH
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
Block time (secs)212
Supports smart contractsYesYes
Average transaction fee$0.018$17.48
Staking rewards (APR)4.78%3.31%

High-level Comparisons

Is Polygon faster than Ethereum?

Yes, Polygon can process 7000 transactions per second. Ethereum only processes up to 27.

Is Polygon cheaper than Ethereum?

Yes, Polygon has an average transaction fee of $0.018, whereas Ethereum costs $17.48.