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

  1. Metrics
  2. Comparison

Comparing Metrics

BNB ChainBitcoin
Created byChangpeng ZhaoSatoshi Nakamoto
Native tokenBNBBTC
Consensus algorithmPoSPoW
Hashing algorithmKECCAK-256SHA-256
Supports EVMYesNo
Block time (secs)3600
Supports smart contractsYesNo
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.