Bitcoin vs Ethereum Classic
Bitcoin 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
| Bitcoin | Ethereum Classic | |
|---|---|---|
| Created by | Satoshi Nakamoto | Vitalik Buterin |
| Native token | BTC | ETC |
| Consensus algorithm | PoW | PoW |
| Hashing algorithm | SHA-256 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 5 | 15 |
| Block time (secs) | 600 | 13 |
| Layer | 1 | 1 |
| Supports smart contracts | No | Yes |
| Average transaction fee | $5.0973 | $0.0001 |
| Staking rewards (APR) | 0% | % |
High-level Comparisons
Is Bitcoin faster than Ethereum Classic?
No, Bitcoin only processes 5 transactions per second. Ethereum Classic processes up to 15.
Is Bitcoin cheaper than Ethereum Classic?
No, Bitcoin has an average transaction fee of $5.0973, whereas Ethereum Classic costs $0.0001.