Ethereum vs Ethereum Classic

Ethereum and Ethereum Classic 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

  1. Metrics
  2. Comparison

Comparing Metrics

EthereumEthereum Classic
Created byVitalik ButerinVitalik Buterin
Native tokenETHETC
Consensus algorithmPoSPoW
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
Block time (secs)1213
Supports smart contractsYesYes
Average transaction fee$17.48$0.0001
Staking rewards (APR)3.31%%

High-level Comparisons

Is Ethereum faster than Ethereum Classic?

Yes, Ethereum can process 27 transactions per second. Ethereum Classic only processes up to 15.

Is Ethereum cheaper than Ethereum Classic?

Yes, Ethereum has an average transaction fee of $17.48, whereas Ethereum Classic costs $0.0001.