Cardano is a blockchain platform that, in some ways, aims to improve on the design of the original blockchain. Cardano is an open source project that features a smart contract system as well as a new proof-of-stake algorithm. What makes Cardano unique from other blockchain platforms is their philosophy of engineering decisions toward a "philosophy of simplicity". The goal of this philosophy is to eventually reduce the total number of ways to interact with the chain to three: (1) stake, (2) spend and (3) vote.

Cardano

Cosmos is a blockchain network that connects other blockchains. The Cosmos network allows for the transfer of value and information between different blockchains, and even allows for cross-chain smart contracts to be executed.

	Cardano	Cosmos
Created by	Charles Hoskinson	Ethan Buchman and Jae Kwon
Native token	ADA	ATOM
Consensus algorithm	PoS	PoS
Hashing algorithm	EdDSA	SHA-256
Supports EVM	No	No
TPS	250	10000
Block time (secs)	20	1
Layer	1	0
Supports smart contracts	Yes	Yes
Average transaction fee	$0.18	$0.01
Staking rewards (APR)	5%	25.4%

Cardano vs. Cosmos

Overview

Table of Contents

Comparison

Is Cardano faster than Cosmos?

Is Cardano cheaper than Cosmos?