TON vs Polygon
TON 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
| TON | Polygon | |
|---|---|---|
| Created by | Nikolai and Pavel Durov | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic |
| Native token | TON | MATIC |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 1000000 | 7000 |
| Block time (secs) | 5 | 2 |
| Layer | 1 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.012375 | $0.018 |
| Staking rewards (APR) | 6.85% | 4.78% |
High-level Comparisons
Is TON faster than Polygon?
Yes, TON can process 1000000 transactions per second. Polygon only processes up to 7000.
Is TON cheaper than Polygon?
Yes, TON has an average transaction fee of $0.012375, whereas Polygon costs $0.018.