Ethereum Classic vs Ethereum

Ethereum Classic 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

  1. Metrics
  2. Comparison

Comparing Metrics

Ethereum ClassicEthereum
Created byVitalik ButerinVitalik Buterin
Native tokenETCETH
Consensus algorithmPoWPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
Block time (secs)1312
Supports smart contractsYesYes
Average transaction fee$0.0001$17.48
Staking rewards (APR)0%3.31%

High-level Comparisons

Is Ethereum Classic faster than Ethereum?

No, Ethereum Classic only processes 15 transactions per second. Ethereum processes up to 27.

Is Ethereum Classic cheaper than Ethereum?

No, Ethereum Classic has an average transaction fee of $0.0001, whereas Ethereum costs $17.48.