Avalanche vs Bitcoin
Avalanche and Bitcoin 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
| Avalanche | Bitcoin | |
|---|---|---|
| Created by | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin | Satoshi Nakamoto |
| Native token | AVAX | BTC |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | KECCAK-256 | SHA-256 |
| Supports EVM | Yes | No |
| TPS | 4500 | 5 |
| Block time (secs) | 2 | 600 |
| Layer | 0 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.12 | $5.0973 |
| Staking rewards (APR) | 8.96% | 0% |
High-level Comparisons
Is Avalanche faster than Bitcoin?
Yes, Avalanche can process 4500 transactions per second. Bitcoin only processes up to 5.
Is Avalanche cheaper than Bitcoin?
Yes, Avalanche has an average transaction fee of $0.12, whereas Bitcoin costs $5.0973.