Ethereum vs. Polygon

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

Overview

EthereumPolygon
Created byVitalik ButerinJaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic
Native tokenETHMATIC
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
TPS277000
Block time (secs)122
Layer12
Supports smart contractsYesYes
Average transaction fee$17.48$0.018
Staking rewards (APR)3.31%4.78%

Table of Contents

  1. Is Ethereum faster than Polygon?
  2. Is Ethereum cheaper than Polygon?

Comparison

Is Ethereum faster than Polygon?

No, Ethereum processes 27 transactions per second and Polygon processes 7000.

Is Ethereum cheaper than Polygon?

No, Ethereum has an average transaction fee of $17.48, whereas Polygon costs $0.018.