Arbitrum vs. Polkadot
In this article we'll compare Arbitrum and Polkadot. This is an indepth review that considers many metrics.
Overview
| Arbitrum | Polkadot | |
|---|---|---|
| Created by | Germans Gedgauds | Gavin Wood, Robert Habermeier and Peter Czaban |
| Native token | ETH | DOT |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | BLAKE2 |
| Supports EVM | Yes | No |
| TPS | 4000 | 1000 |
| Block time (secs) | 13 | 6 |
| Layer | 2 | 0 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.101 | $0.08792 |
| Staking rewards (APR) | 0% | 14.5% |
Table of Contents
Comparison
Is Arbitrum faster than Polkadot?
Yes, Arbitrum processes 4000 transactions per second, whereas Polkadot only processes 1000.
Is Arbitrum cheaper than Polkadot?
Yes, Arbitrum has an average transaction fee of $0.101, whereas Polkadot costs $0.08792.