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