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