|Created by||Gavin Wood, Robert Habermeier and Peter Czaban||Emin Gün Sirer, Kevin Sekniqi, and Ted Yin|
|Block time (secs)||6||2|
|Supports smart contracts||Yes||Yes|
|Average transaction fee||$0.08792||$0.12|
|Staking rewards (APR)||14.5%||8.96%|
Table of Contents
Is Polkadot faster than Avalanche?
No, Polkadot processes 1000 transactions per second and Avalanche processes 4500.
Is Polkadot cheaper than Avalanche?
No, Polkadot has an average transaction fee of $0.08792, whereas Avalanche costs $0.12.