|Created by||Riccardo Spagni||Gavin Wood, Robert Habermeier and Peter Czaban|
|Block time (secs)||120||6|
|Supports smart contracts||No||Yes|
|Average transaction fee||$0.001||$0.08792|
|Staking rewards (APR)||0%||14.5%|
Table of Contents
Is Monero faster than Polkadot?
Yes, Monero processes 1700 transactions per second, whereas Polkadot only processes 1000.
Is Monero cheaper than Polkadot?
Yes, Monero has an average transaction fee of $0.001, whereas Polkadot costs $0.08792.