Monero vs BNB Chain
Monero 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
| Monero | BNB Chain | |
|---|---|---|
| Created by | Riccardo Spagni | Changpeng Zhao |
| Native token | XMR | BNB |
| Consensus algorithm | PoW | PoS |
| Hashing algorithm | randomx | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 1700 | 2200 |
| Block time (secs) | 120 | 3 |
| Layer | 1 | 1 |
| Supports smart contracts | No | Yes |
| Average transaction fee | $0.001 | $0.35 |
| Staking rewards (APR) | 0% | % |
High-level Comparisons
Is Monero faster than BNB Chain?
No, Monero only processes 1700 transactions per second. BNB Chain processes up to 2200.
Is Monero cheaper than BNB Chain?
No, Monero has an average transaction fee of $0.001, whereas BNB Chain costs $0.35.