Ethereum Classic vs XRP
Ethereum Classic and XRP 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 | XRP | |
|---|---|---|
| Created by | Vitalik Buterin | Jed McCaleb, Arthur Britto and David Schwartz |
| Native token | ETC | XRP |
| Consensus algorithm | PoW | RPCA |
| Hashing algorithm | KECCAK-256 | RPCA |
| Supports EVM | Yes | No |
| TPS | 15 | 1500 |
| Block time (secs) | 13 | 10 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.0001 | $0.0002 |
| Staking rewards (APR) | 0% | 3.03% |
High-level Comparisons
Is Ethereum Classic faster than XRP?
No, Ethereum Classic only processes 15 transactions per second. XRP processes up to 1500.
Is Ethereum Classic cheaper than XRP?
No, Ethereum Classic has an average transaction fee of $0.0001, whereas XRP costs $0.0002.