BNB Chain vs Monero
BNB Chain and Monero 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 | Monero | |
|---|---|---|
| Created by | Changpeng Zhao | Riccardo Spagni |
| Native token | BNB | XMR |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | KECCAK-256 | randomx |
| Supports EVM | Yes | No |
| TPS | 2200 | 1700 |
| Block time (secs) | 3 | 120 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.35 | $0.001 |
| Staking rewards (APR) | 0% | % |
High-level Comparisons
Is BNB Chain faster than Monero?
Yes, BNB Chain can process 2200 transactions per second. Monero only processes up to 1700.
Is BNB Chain cheaper than Monero?
Yes, BNB Chain has an average transaction fee of $0.35, whereas Monero costs $0.001.