TON vs. Polkadot
In this article we'll compare TON and Polkadot. This is an indepth review that considers many metrics.
Overview
| TON | Polkadot | |
|---|---|---|
| Created by | Nikolai and Pavel Durov | Gavin Wood, Robert Habermeier and Peter Czaban |
| Native token | TON | DOT |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | BLAKE2 |
| Supports EVM | No | No |
| TPS | 1000000 | 1000 |
| Block time (secs) | 5 | 6 |
| Layer | 1 | 0 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.012375 | $0.08792 |
| Staking rewards (APR) | 6.85% | 14.5% |
Table of Contents
Comparison
Is TON faster than Polkadot?
Yes, TON processes 1000000 transactions per second, whereas Polkadot only processes 1000.
Is TON cheaper than Polkadot?
Yes, TON has an average transaction fee of $0.012375, whereas Polkadot costs $0.08792.