Polygon vs Stellar
Polygon and Stellar 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 | Stellar | |
|---|---|---|
| Created by | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic | Jed McCaleb |
| Native token | MATIC | XLM |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | SCP |
| Supports EVM | Yes | No |
| TPS | 7000 | 200 |
| Block time (secs) | 2 | 5 |
| Layer | 2 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.018 | $8.5e-9 |
| Staking rewards (APR) | 4.78% | 1% |
High-level Comparisons
Is Polygon faster than Stellar?
Yes, Polygon can process 7000 transactions per second. Stellar only processes up to 200.
Is Polygon cheaper than Stellar?
Yes, Polygon has an average transaction fee of $0.018, whereas Stellar costs $8.5e-9.