Ethereum vs Arbitrum
Ethereum and Arbitrum 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 | Arbitrum | |
---|---|---|
Created by | Vitalik Buterin | Germans Gedgauds |
Native token | ETH | ETH |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 27 | 4000 |
Block time (secs) | 12 | 13 |
Layer | 1 | 2 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $17.48 | $0.101 |
Staking rewards (APR) | 3.31% | % |
High-level Comparisons
Is Ethereum faster than Arbitrum?
No, Ethereum only processes 27 transactions per second. Arbitrum processes up to 4000.
Is Ethereum cheaper than Arbitrum?
No, Ethereum has an average transaction fee of $17.48, whereas Arbitrum costs $0.101.