Polkadot vs. Arbitrum
In this article we'll compare Polkadot and Arbitrum. This is an indepth review that considers many metrics.
Overview
| Polkadot | Arbitrum | |
|---|---|---|
| Created by | Gavin Wood, Robert Habermeier and Peter Czaban | Germans Gedgauds |
| Native token | DOT | ETH |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | BLAKE2 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 1000 | 4000 |
| Block time (secs) | 6 | 13 |
| Layer | 0 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.08792 | $0.101 |
| Staking rewards (APR) | 14.5% | % |
Table of Contents
Comparison
Is Polkadot faster than Arbitrum?
No, Polkadot processes 1000 transactions per second and Arbitrum processes 4000.
Is Polkadot cheaper than Arbitrum?
No, Polkadot has an average transaction fee of $0.08792, whereas Arbitrum costs $0.101.