Avalanche vs Ethereum Classic
Avalanche 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
Comparing Metrics
| Avalanche | Ethereum Classic | |
|---|---|---|
| Created by | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin | Vitalik Buterin |
| Native token | AVAX | ETC |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 4500 | 15 |
| Block time (secs) | 2 | 13 |
| Layer | 0 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.12 | $0.0001 |
| Staking rewards (APR) | 8.96% | % |
High-level Comparisons
Is Avalanche faster than Ethereum Classic?
Yes, Avalanche can process 4500 transactions per second. Ethereum Classic only processes up to 15.
Is Avalanche cheaper than Ethereum Classic?
Yes, Avalanche has an average transaction fee of $0.12, whereas Ethereum Classic costs $0.0001.