Avalanche vs. Polkadot
In this article we'll compare Avalanche and Polkadot. This is an indepth review that considers many metrics.
Overview
Avalanche | Polkadot | |
---|---|---|
Created by | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin | Gavin Wood, Robert Habermeier and Peter Czaban |
Native token | AVAX | DOT |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | BLAKE2 |
Supports EVM | Yes | No |
TPS | 4500 | 1000 |
Block time (secs) | 2 | 6 |
Layer | 0 | 0 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.12 | $0.08792 |
Staking rewards (APR) | 8.96% | 14.5% |
Table of Contents
Comparison
Is Avalanche faster than Polkadot?
Yes, Avalanche processes 4500 transactions per second, whereas Polkadot only processes 1000.
Is Avalanche cheaper than Polkadot?
Yes, Avalanche has an average transaction fee of $0.12, whereas Polkadot costs $0.08792.