Ethereum Classic vs Polkadot

Ethereum Classic and Polkadot 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 ClassicPolkadot
Created byVitalik ButerinGavin Wood, Robert Habermeier and Peter Czaban
Native tokenETCDOT
Consensus algorithmPoWPoS
Hashing algorithmKECCAK-256BLAKE2
Supports EVMYesNo
Block time (secs)136
Supports smart contractsYesYes
Average transaction fee$0.0001$0.08792
Staking rewards (APR)0%14.5%

High-level Comparisons

Is Ethereum Classic faster than Polkadot?

No, Ethereum Classic only processes 15 transactions per second. Polkadot processes up to 1000.

Is Ethereum Classic cheaper than Polkadot?

No, Ethereum Classic has an average transaction fee of $0.0001, whereas Polkadot costs $0.08792.