TON vs Monero
TON 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
Comparing Metrics
| TON | Monero | |
|---|---|---|
| Created by | Nikolai and Pavel Durov | Riccardo Spagni |
| Native token | TON | XMR |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | KECCAK-256 | randomx |
| Supports EVM | No | No |
| TPS | 1000000 | 1700 |
| Block time (secs) | 5 | 120 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.012375 | $0.001 |
| Staking rewards (APR) | 6.85% | % |
High-level Comparisons
Is TON faster than Monero?
Yes, TON can process 1000000 transactions per second. Monero only processes up to 1700.
Is TON cheaper than Monero?
Yes, TON has an average transaction fee of $0.012375, whereas Monero costs $0.001.