BNB Chain vs Bitcoin
BNB Chain and Bitcoin 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
| BNB Chain | Bitcoin | |
|---|---|---|
| Created by | Changpeng Zhao | Satoshi Nakamoto |
| Native token | BNB | BTC |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | KECCAK-256 | SHA-256 |
| Supports EVM | Yes | No |
| TPS | 2200 | 5 |
| Block time (secs) | 3 | 600 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.35 | $5.0973 |
| Staking rewards (APR) | 0% | 0% |
High-level Comparisons
Is BNB Chain faster than Bitcoin?
Yes, BNB Chain can process 2200 transactions per second. Bitcoin only processes up to 5.
Is BNB Chain cheaper than Bitcoin?
Yes, BNB Chain has an average transaction fee of $0.35, whereas Bitcoin costs $5.0973.