Avalanche vs Ethereum
Avalanche and Ethereum 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 | Ethereum | |
---|---|---|
Created by | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin | Vitalik Buterin |
Native token | AVAX | ETH |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 4500 | 27 |
Block time (secs) | 2 | 12 |
Layer | 0 | 1 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.12 | $17.48 |
Staking rewards (APR) | 8.96% | 3.31% |
High-level Comparisons
Is Avalanche faster than Ethereum?
Yes, Avalanche can process 4500 transactions per second. Ethereum only processes up to 27.
Is Avalanche cheaper than Ethereum?
Yes, Avalanche has an average transaction fee of $0.12, whereas Ethereum costs $17.48.