Polkadot vs. Avalanche
In this article we'll compare Polkadot and Avalanche. This is an indepth review that considers many metrics.
Overview
Polkadot | Avalanche | |
---|---|---|
Created by | Gavin Wood, Robert Habermeier and Peter Czaban | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin |
Native token | DOT | AVAX |
Consensus algorithm | PoS | PoS |
Hashing algorithm | BLAKE2 | KECCAK-256 |
Supports EVM | No | Yes |
TPS | 1000 | 4500 |
Block time (secs) | 6 | 2 |
Layer | 0 | 0 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.08792 | $0.12 |
Staking rewards (APR) | 14.5% | 8.96% |
Table of Contents
Comparison
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.