|Created by||Jed McCaleb, Arthur Britto and David Schwartz||Gavin Wood, Robert Habermeier and Peter Czaban|
|Block time (secs)||10||6|
|Supports smart contracts||No||Yes|
|Average transaction fee||$0.0002||$0.08792|
|Staking rewards (APR)||3.03%||14.5%|
Table of Contents
Is XRP faster than Polkadot?
Yes, XRP processes 1500 transactions per second, whereas Polkadot only processes 1000.
Is XRP cheaper than Polkadot?
Yes, XRP has an average transaction fee of $0.0002, whereas Polkadot costs $0.08792.