Ethereum Classic vs Arbitrum
Ethereum Classic and Arbitrum 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
| Ethereum Classic | Arbitrum | |
|---|---|---|
| Created by | Vitalik Buterin | Germans Gedgauds |
| Native token | ETC | ETH |
| Consensus algorithm | PoW | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 15 | 4000 |
| Block time (secs) | 13 | 13 |
| Layer | 1 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.0001 | $0.101 |
| Staking rewards (APR) | 0% | % |
High-level Comparisons
Is Ethereum Classic faster than Arbitrum?
No, Ethereum Classic only processes 15 transactions per second. Arbitrum processes up to 4000.
Is Ethereum Classic cheaper than Arbitrum?
No, Ethereum Classic has an average transaction fee of $0.0001, whereas Arbitrum costs $0.101.