Ethereum vs BNB Chain
Ethereum and BNB Chain 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 | BNB Chain | |
---|---|---|
Created by | Vitalik Buterin | Changpeng Zhao |
Native token | ETH | BNB |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 27 | 2200 |
Block time (secs) | 12 | 3 |
Layer | 1 | 1 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $17.48 | $0.35 |
Staking rewards (APR) | 3.31% | % |
High-level Comparisons
Is Ethereum faster than BNB Chain?
No, Ethereum only processes 27 transactions per second. BNB Chain processes up to 2200.
Is Ethereum cheaper than BNB Chain?
No, Ethereum has an average transaction fee of $17.48, whereas BNB Chain costs $0.35.