Ethereum vs Bitcoin
Ethereum and Bitcoin 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 | Bitcoin | |
|---|---|---|
| Created by | Vitalik Buterin | Satoshi Nakamoto |
| Native token | ETH | BTC |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | KECCAK-256 | SHA-256 |
| Supports EVM | Yes | No |
| TPS | 27 | 5 |
| Block time (secs) | 12 | 600 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $17.48 | $5.0973 |
| Staking rewards (APR) | 3.31% | 0% |
High-level Comparisons
Is Ethereum faster than Bitcoin?
Yes, Ethereum can process 27 transactions per second. Bitcoin only processes up to 5.
Is Ethereum cheaper than Bitcoin?
Yes, Ethereum has an average transaction fee of $17.48, whereas Bitcoin costs $5.0973.