Cosmos vs. Polkadot
In this article we'll compare Cosmos and Polkadot. This is an indepth review that considers many metrics.
Overview
| Cosmos | Polkadot | |
|---|---|---|
| Created by | Ethan Buchman and Jae Kwon | Gavin Wood, Robert Habermeier and Peter Czaban |
| Native token | ATOM | DOT |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | SHA-256 | BLAKE2 |
| Supports EVM | No | No |
| TPS | 10000 | 1000 |
| Block time (secs) | 1 | 6 |
| Layer | 0 | 0 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.01 | $0.08792 |
| Staking rewards (APR) | 25.4% | 14.5% |
Table of Contents
Comparison
Is Cosmos faster than Polkadot?
Yes, Cosmos processes 10000 transactions per second, whereas Polkadot only processes 1000.
Is Cosmos cheaper than Polkadot?
Yes, Cosmos has an average transaction fee of $0.01, whereas Polkadot costs $0.08792.