Ethereum vs TON
Ethereum and TON 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 | TON | |
|---|---|---|
| Created by | Vitalik Buterin | Nikolai and Pavel Durov |
| Native token | ETH | TON |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | No |
| TPS | 27 | 1000000 |
| Block time (secs) | 12 | 5 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $17.48 | $0.012375 |
| Staking rewards (APR) | 3.31% | 6.85% |
High-level Comparisons
Is Ethereum faster than TON?
No, Ethereum only processes 27 transactions per second. TON processes up to 1000000.
Is Ethereum cheaper than TON?
No, Ethereum has an average transaction fee of $17.48, whereas TON costs $0.012375.