BNB Chain vs Ethereum
BNB Chain and Ethereum 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 | Ethereum | |
|---|---|---|
| Created by | Changpeng Zhao | Vitalik Buterin |
| Native token | BNB | ETH |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 2200 | 27 |
| Block time (secs) | 3 | 12 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.35 | $17.48 |
| Staking rewards (APR) | 0% | 3.31% |
High-level Comparisons
Is BNB Chain faster than Ethereum?
Yes, BNB Chain can process 2200 transactions per second. Ethereum only processes up to 27.
Is BNB Chain cheaper than Ethereum?
Yes, BNB Chain has an average transaction fee of $0.35, whereas Ethereum costs $17.48.