TON vs Polkadot
TON 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
Comparing Metrics
| TON | Polkadot | |
|---|---|---|
| Created by | Nikolai and Pavel Durov | Gavin Wood, Robert Habermeier and Peter Czaban |
| Native token | TON | DOT |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | BLAKE2 |
| Supports EVM | No | No |
| TPS | 1000000 | 1000 |
| Block time (secs) | 5 | 6 |
| Layer | 1 | 0 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.012375 | $0.08792 |
| Staking rewards (APR) | 6.85% | 14.5% |
High-level Comparisons
Is TON faster than Polkadot?
Yes, TON can process 1000000 transactions per second. Polkadot only processes up to 1000.
Is TON cheaper than Polkadot?
Yes, TON has an average transaction fee of $0.012375, whereas Polkadot costs $0.08792.