BNB Chain vs. Polygon

In this article we'll compare BNB Chain and Polygon. This is an indepth review that considers many metrics.

Overview

BNB ChainPolygon
Created byChangpeng ZhaoJaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic
Native tokenBNBMATIC
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
TPS22007000
Block time (secs)32
Layer12
Supports smart contractsYesYes
Average transaction fee$0.35$0.018
Staking rewards (APR)0%4.78%

Table of Contents

  1. Is BNB Chain faster than Polygon?
  2. Is BNB Chain cheaper than Polygon?

Comparison

Is BNB Chain faster than Polygon?

No, BNB Chain processes 2200 transactions per second and Polygon processes 7000.

Is BNB Chain cheaper than Polygon?

No, BNB Chain has an average transaction fee of $0.35, whereas Polygon costs $0.018.