Ethereum Classic vs Monero
Ethereum Classic 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
| Ethereum Classic | Monero | |
|---|---|---|
| Created by | Vitalik Buterin | Riccardo Spagni |
| Native token | ETC | XMR |
| Consensus algorithm | PoW | PoW |
| Hashing algorithm | KECCAK-256 | randomx |
| Supports EVM | Yes | No |
| TPS | 15 | 1700 |
| Block time (secs) | 13 | 120 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.0001 | $0.001 |
| Staking rewards (APR) | 0% | % |
High-level Comparisons
Is Ethereum Classic faster than Monero?
No, Ethereum Classic only processes 15 transactions per second. Monero processes up to 1700.
Is Ethereum Classic cheaper than Monero?
No, Ethereum Classic has an average transaction fee of $0.0001, whereas Monero costs $0.001.