|Created by||Gavin Wood, Robert Habermeier and Peter Czaban||Riccardo Spagni|
|Block time (secs)||6||120|
|Supports smart contracts||Yes||No|
|Average transaction fee||$0.08792||$0.001|
|Staking rewards (APR)||14.5%||%|
Table of Contents
Is Polkadot faster than Monero?
No, Polkadot processes 1000 transactions per second and Monero processes 1700.
Is Polkadot cheaper than Monero?
No, Polkadot has an average transaction fee of $0.08792, whereas Monero costs $0.001.