|Created by||Vitalik Buterin||Gavin Wood, Robert Habermeier and Peter Czaban|
|Block time (secs)||12||6|
|Supports smart contracts||Yes||Yes|
|Average transaction fee||$17.48||$0.08792|
|Staking rewards (APR)||3.31%||14.5%|
Table of Contents
Is Ethereum faster than Polkadot?
No, Ethereum processes 27 transactions per second and Polkadot processes 1000.
Is Ethereum cheaper than Polkadot?
No, Ethereum has an average transaction fee of $17.48, whereas Polkadot costs $0.08792.