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

Stellar is a platform that aims to facilitate fast, affordable, and secure cross-asset transfers of value. It's built on a base layer that uses Lumens, the native asset of the Stellar network, as a bridge between any two currencies.

	Polygon	Stellar
Created by	Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic	Jed McCaleb
Native token	MATIC	XLM
Consensus algorithm	PoS	PoS
Hashing algorithm	KECCAK-256	SCP
Supports EVM	Yes	No
TPS	7000	200
Block time (secs)	2	5
Layer	2	1
Supports smart contracts	Yes	Yes
Average transaction fee	$0.018	$8.5e-9
Staking rewards (APR)	4.78%	1%

Polygon vs. Stellar

Overview

Table of Contents

Comparison

Is Polygon faster than Stellar?

Is Polygon cheaper than Stellar?