Polkadot vs. Polygon
In this article we'll compare Polkadot and Polygon. This is an indepth review that considers many metrics.
Overview
Polkadot | Polygon | |
---|---|---|
Created by | Gavin Wood, Robert Habermeier and Peter Czaban | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic |
Native token | DOT | MATIC |
Consensus algorithm | PoS | PoS |
Hashing algorithm | BLAKE2 | KECCAK-256 |
Supports EVM | No | Yes |
TPS | 1000 | 7000 |
Block time (secs) | 6 | 2 |
Layer | 0 | 2 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.08792 | $0.018 |
Staking rewards (APR) | 14.5% | 4.78% |
Table of Contents
Comparison
Is Polkadot faster than Polygon?
No, Polkadot processes 1000 transactions per second and Polygon processes 7000.
Is Polkadot cheaper than Polygon?
No, Polkadot has an average transaction fee of $0.08792, whereas Polygon costs $0.018.