Polkadot vs. Cosmos
In this article we'll compare Polkadot and Cosmos. This is an indepth review that considers many metrics.
Overview
| Polkadot | Cosmos | |
|---|---|---|
| Created by | Gavin Wood, Robert Habermeier and Peter Czaban | Ethan Buchman and Jae Kwon |
| Native token | DOT | ATOM |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | BLAKE2 | SHA-256 |
| Supports EVM | No | No |
| TPS | 1000 | 10000 |
| Block time (secs) | 6 | 1 |
| Layer | 0 | 0 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.08792 | $0.01 |
| Staking rewards (APR) | 14.5% | 25.4% |
Table of Contents
Comparison
Is Polkadot faster than Cosmos?
No, Polkadot processes 1000 transactions per second and Cosmos processes 10000.
Is Polkadot cheaper than Cosmos?
No, Polkadot has an average transaction fee of $0.08792, whereas Cosmos costs $0.01.