Solana vs. Cosmos
In this article we'll compare Solana and Cosmos. This is an indepth review that considers many metrics.
Overview
Solana | Cosmos | |
---|---|---|
Created by | Anatoly Yakovenko | Ethan Buchman and Jae Kwon |
Native token | SOL | ATOM |
Consensus algorithm | PoH | PoS |
Hashing algorithm | SHA-256 | SHA-256 |
Supports EVM | No | No |
TPS | 65000 | 10000 |
Block time (secs) | 0.4 | 1 |
Layer | 1 | 0 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.00025 | $0.01 |
Staking rewards (APR) | 7% | 25.4% |
Table of Contents
Comparison
Is Solana faster than Cosmos?
Yes, Solana processes 65000 transactions per second, whereas Cosmos only processes 10000.
Is Solana cheaper than Cosmos?
Yes, Solana has an average transaction fee of $0.00025, whereas Cosmos costs $0.01.