Ethereum vs Avalanche
Ethereum and Avalanche 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 | Avalanche | |
|---|---|---|
| Created by | Vitalik Buterin | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin |
| Native token | ETH | AVAX |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 27 | 4500 |
| Block time (secs) | 12 | 2 |
| Layer | 1 | 0 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $17.48 | $0.12 |
| Staking rewards (APR) | 3.31% | 8.96% |
High-level Comparisons
Is Ethereum faster than Avalanche?
No, Ethereum only processes 27 transactions per second. Avalanche processes up to 4500.
Is Ethereum cheaper than Avalanche?
No, Ethereum has an average transaction fee of $17.48, whereas Avalanche costs $0.12.