Arbitrum vs BNB Chain
Arbitrum and BNB Chain 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
Comparing Metrics
Arbitrum | BNB Chain | |
---|---|---|
Created by | Germans Gedgauds | Changpeng Zhao |
Native token | ETH | BNB |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 4000 | 2200 |
Block time (secs) | 13 | 3 |
Layer | 2 | 1 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.101 | $0.35 |
Staking rewards (APR) | 0% | % |
High-level Comparisons
Is Arbitrum faster than BNB Chain?
Yes, Arbitrum can process 4000 transactions per second. BNB Chain only processes up to 2200.
Is Arbitrum cheaper than BNB Chain?
Yes, Arbitrum has an average transaction fee of $0.101, whereas BNB Chain costs $0.35.