The Polygon blockchain is the next generation of blockchain technology. It's a distributed ledger that allows for multiple data inputs and outputs per transaction. This gives Polygon the ability to process any type of data in a highly efficient manner. This, in turn, delivers a truly decentralized system that can be used in many different applications, namely financial transactions and data storage.

Polygon

Cardano is a blockchain platform that, in some ways, aims to improve on the design of the original blockchain. Cardano is an open source project that features a smart contract system as well as a new proof-of-stake algorithm. What makes Cardano unique from other blockchain platforms is their philosophy of engineering decisions toward a "philosophy of simplicity". The goal of this philosophy is to eventually reduce the total number of ways to interact with the chain to three: (1) stake, (2) spend and (3) vote.

	Polygon	Cardano
Created by	Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic	Charles Hoskinson
Native token	MATIC	ADA
Consensus algorithm	PoS	PoS
Hashing algorithm	KECCAK-256	EdDSA
Supports EVM	Yes	No
TPS	7000	250
Block time (secs)	2	20
Layer	2	1
Supports smart contracts	Yes	Yes
Average transaction fee	$0.018	$0.18
Staking rewards (APR)	4.78%	5%

Polygon vs. Cardano

Overview

Table of Contents

Comparison

Is Polygon faster than Cardano?

Is Polygon cheaper than Cardano?