Polygon vs. Avalanche
In this article we'll compare Polygon and Avalanche. This is an indepth review that considers many metrics.
Overview
Polygon | Avalanche | |
---|---|---|
Created by | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin |
Native token | MATIC | AVAX |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 7000 | 4500 |
Block time (secs) | 2 | 2 |
Layer | 2 | 0 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.018 | $0.12 |
Staking rewards (APR) | 4.78% | 8.96% |
Table of Contents
Comparison
Is Polygon faster than Avalanche?
Yes, Polygon processes 7000 transactions per second, whereas Avalanche only processes 4500.
Is Polygon cheaper than Avalanche?
Yes, Polygon has an average transaction fee of $0.018, whereas Avalanche costs $0.12.