|Created by||Gavin Wood, Robert Habermeier and Peter Czaban||Changpeng Zhao|
|Block time (secs)||6||3|
|Supports smart contracts||Yes||Yes|
|Average transaction fee||$0.08792||$0.35|
|Staking rewards (APR)||14.5%||%|
Table of Contents
Is Polkadot faster than BNB Chain?
No, Polkadot processes 1000 transactions per second and BNB Chain processes 2200.
Is Polkadot cheaper than BNB Chain?
No, Polkadot has an average transaction fee of $0.08792, whereas BNB Chain costs $0.35.