|Created by||Satoshi Nakamoto||Gavin Wood, Robert Habermeier and Peter Czaban|
|Block time (secs)||600||6|
|Supports smart contracts||No||Yes|
|Average transaction fee||$5.0973||$0.08792|
|Staking rewards (APR)||0%||14.5%|
Table of Contents
Is Bitcoin faster than Polkadot?
No, Bitcoin processes 5 transactions per second and Polkadot processes 1000.
Is Bitcoin cheaper than Polkadot?
No, Bitcoin has an average transaction fee of $5.0973, whereas Polkadot costs $0.08792.