Ethereum vs Monero
Ethereum and Monero 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 | Monero | |
|---|---|---|
| Created by | Vitalik Buterin | Riccardo Spagni |
| Native token | ETH | XMR |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | KECCAK-256 | randomx |
| Supports EVM | Yes | No |
| TPS | 27 | 1700 |
| Block time (secs) | 12 | 120 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $17.48 | $0.001 |
| Staking rewards (APR) | 3.31% | % |
High-level Comparisons
Is Ethereum faster than Monero?
No, Ethereum only processes 27 transactions per second. Monero processes up to 1700.
Is Ethereum cheaper than Monero?
No, Ethereum has an average transaction fee of $17.48, whereas Monero costs $0.001.