The Monero blockchain is a distributed ledger that records all transactions in a permanent way. It's built on top of the Cryptonote protocol, which is a cryptocurrency protocol that isn't immutable. The Monero blockchain can be accessed with the command line tool monero-wallet-cli. Monero uses the proof-of-work (PoW) mining algorithm to hash transactions into blocks, which are then added to the Monero blockchain. PoW uses computer resources (also known as hashrate) to solve mathematical problems, which makes it costly to attack a network.

Monero

Stellar is a platform that aims to facilitate fast, affordable, and secure cross-asset transfers of value. It's built on a base layer that uses Lumens, the native asset of the Stellar network, as a bridge between any two currencies.

	Monero	Stellar
Created by	Riccardo Spagni	Jed McCaleb
Native token	XMR	XLM
Consensus algorithm	PoW	PoS
Hashing algorithm	randomx	SCP
Supports EVM	No	No
TPS	1700	200
Block time (secs)	120	5
Layer	1	1
Supports smart contracts	No	Yes
Average transaction fee	$0.001	$8.5e-9
Staking rewards (APR)	0%	1%

Monero vs. Stellar

Overview

Table of Contents

Comparison

Is Monero faster than Stellar?

Is Monero cheaper than Stellar?