Avalanche vs BNB Chain
Avalanche 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
Avalanche | BNB Chain | |
---|---|---|
Created by | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin | Changpeng Zhao |
Native token | AVAX | BNB |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 4500 | 2200 |
Block time (secs) | 2 | 3 |
Layer | 0 | 1 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.12 | $0.35 |
Staking rewards (APR) | 8.96% | % |
High-level Comparisons
Is Avalanche faster than BNB Chain?
Yes, Avalanche can process 4500 transactions per second. BNB Chain only processes up to 2200.
Is Avalanche cheaper than BNB Chain?
Yes, Avalanche has an average transaction fee of $0.12, whereas BNB Chain costs $0.35.