Arbitrum vs Ethereum Classic

Arbitrum and Ethereum Classic 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

ArbitrumEthereum Classic
Created byGermans GedgaudsVitalik Buterin
Native tokenETHETC
Consensus algorithmPoSPoW
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
Block time (secs)1313
Supports smart contractsYesYes
Average transaction fee$0.101$0.0001
Staking rewards (APR)0%%

High-level Comparisons

Is Arbitrum faster than Ethereum Classic?

Yes, Arbitrum can process 4000 transactions per second. Ethereum Classic only processes up to 15.

Is Arbitrum cheaper than Ethereum Classic?

Yes, Arbitrum has an average transaction fee of $0.101, whereas Ethereum Classic costs $0.0001.