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

The Polygon blockchain is the next generation of blockchain technology. It's a distributed ledger that allows for multiple data inputs and outputs per transaction. This gives Polygon the ability to process any type of data in a highly efficient manner. This, in turn, delivers a truly decentralized system that can be used in many different applications, namely financial transactions and data storage.

	Cardano	Polygon
Created by	Charles Hoskinson	Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic
Native token	ADA	MATIC
Consensus algorithm	PoS	PoS
Hashing algorithm	EdDSA	KECCAK-256
Supports EVM	No	Yes
TPS	250	7000
Block time (secs)	20	2
Layer	1	2
Supports smart contracts	Yes	Yes
Average transaction fee	$0.18	$0.018
Staking rewards (APR)	5%	4.78%

Cardano vs. Polygon

Overview

Table of Contents

Comparison

Is Cardano faster than Polygon?

Is Cardano cheaper than Polygon?