Polygon vs Monero

Polygon and Monero 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 BjelicRiccardo Spagni
Native tokenMATICXMR
Consensus algorithmPoSPoW
Hashing algorithmKECCAK-256randomx
Supports EVMYesNo
Block time (secs)2120
Supports smart contractsYesNo
Average transaction fee$0.018$0.001
Staking rewards (APR)4.78%%

High-level Comparisons

Is Polygon faster than Monero?

Yes, Polygon can process 7000 transactions per second. Monero only processes up to 1700.

Is Polygon cheaper than Monero?

Yes, Polygon has an average transaction fee of $0.018, whereas Monero costs $0.001.