Bitcoin vs. Monero

In this article we'll compare Bitcoin and Monero. This is an indepth review that considers many metrics.

Overview

BitcoinMonero
Created bySatoshi NakamotoRiccardo Spagni
Native tokenBTCXMR
Consensus algorithmPoWPoW
Hashing algorithmSHA-256randomx
Supports EVMNoNo
TPS51700
Block time (secs)600120
Layer11
Supports smart contractsNoNo
Average transaction fee$5.0973$0.001
Staking rewards (APR)0%%

Table of Contents

  1. Is Bitcoin faster than Monero?
  2. Is Bitcoin cheaper than Monero?

Comparison

Is Bitcoin faster than Monero?

No, Bitcoin processes 5 transactions per second and Monero processes 1700.

Is Bitcoin cheaper than Monero?

No, Bitcoin has an average transaction fee of $5.0973, whereas Monero costs $0.001.