Cosmos vs Ethereum Classic
Cosmos 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
| Cosmos | Ethereum Classic | |
|---|---|---|
| Created by | Ethan Buchman and Jae Kwon | Vitalik Buterin |
| Native token | ATOM | ETC |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | SHA-256 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 10000 | 15 |
| Block time (secs) | 1 | 13 |
| Layer | 0 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.01 | $0.0001 |
| Staking rewards (APR) | 25.4% | % |
High-level Comparisons
Is Cosmos faster than Ethereum Classic?
Yes, Cosmos can process 10000 transactions per second. Ethereum Classic only processes up to 15.
Is Cosmos cheaper than Ethereum Classic?
Yes, Cosmos has an average transaction fee of $0.01, whereas Ethereum Classic costs $0.0001.