Ethereum Classic vs Polygon
Ethereum Classic and Polygon 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 | Polygon | |
|---|---|---|
| Created by | Vitalik Buterin | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic |
| Native token | ETC | MATIC |
| Consensus algorithm | PoW | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 15 | 7000 |
| Block time (secs) | 13 | 2 |
| Layer | 1 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.0001 | $0.018 |
| Staking rewards (APR) | 0% | 4.78% |
High-level Comparisons
Is Ethereum Classic faster than Polygon?
No, Ethereum Classic only processes 15 transactions per second. Polygon processes up to 7000.
Is Ethereum Classic cheaper than Polygon?
No, Ethereum Classic has an average transaction fee of $0.0001, whereas Polygon costs $0.018.