Ethereum Classic vs Solana
Ethereum Classic and Solana 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 | Solana | |
|---|---|---|
| Created by | Vitalik Buterin | Anatoly Yakovenko |
| Native token | ETC | SOL |
| Consensus algorithm | PoW | PoH |
| Hashing algorithm | KECCAK-256 | SHA-256 |
| Supports EVM | Yes | No |
| TPS | 15 | 65000 |
| Block time (secs) | 13 | 0.4 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.0001 | $0.00025 |
| Staking rewards (APR) | 0% | 7% |
High-level Comparisons
Is Ethereum Classic faster than Solana?
No, Ethereum Classic only processes 15 transactions per second. Solana processes up to 65000.
Is Ethereum Classic cheaper than Solana?
No, Ethereum Classic has an average transaction fee of $0.0001, whereas Solana costs $0.00025.