XRP vs Polkadot

XRP and Polkadot are two popular blockchains. In this article we'll compare them across a variety of metrics. Both blockchains have their own strengths and weaknesses, and we'll explore them below.

Table of Contents

  1. Metrics
  2. Comparison

Comparing Metrics

Created byJed McCaleb, Arthur Britto and David SchwartzGavin Wood, Robert Habermeier and Peter Czaban
Native tokenXRPDOT
Consensus algorithmRPCAPoS
Hashing algorithmRPCABLAKE2
Supports EVMNoNo
Block time (secs)106
Supports smart contractsNoYes
Average transaction fee$0.0002$0.08792
Staking rewards (APR)3.03%14.5%

High-level Comparisons

Is XRP faster than Polkadot?

Yes, XRP can process 1500 transactions per second. Polkadot only processes up to 1000.

Is XRP cheaper than Polkadot?

Yes, XRP has an average transaction fee of $0.0002, whereas Polkadot costs $0.08792.