Polygon vs Polkadot

Polygon and Polkadot 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 BjelicGavin Wood, Robert Habermeier and Peter Czaban
Native tokenMATICDOT
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256BLAKE2
Supports EVMYesNo
Block time (secs)26
Supports smart contractsYesYes
Average transaction fee$0.018$0.08792
Staking rewards (APR)4.78%14.5%

High-level Comparisons

Is Polygon faster than Polkadot?

Yes, Polygon can process 7000 transactions per second. Polkadot only processes up to 1000.

Is Polygon cheaper than Polkadot?

Yes, Polygon has an average transaction fee of $0.018, whereas Polkadot costs $0.08792.