Monero vs Ethereum
Monero and Ethereum 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 | Ethereum | |
|---|---|---|
| Created by | Riccardo Spagni | Vitalik Buterin |
| Native token | XMR | ETH |
| Consensus algorithm | PoW | PoS |
| Hashing algorithm | randomx | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 1700 | 27 |
| Block time (secs) | 120 | 12 |
| Layer | 1 | 1 |
| Supports smart contracts | No | Yes |
| Average transaction fee | $0.001 | $17.48 |
| Staking rewards (APR) | 0% | 3.31% |
High-level Comparisons
Is Monero faster than Ethereum?
Yes, Monero can process 1700 transactions per second. Ethereum only processes up to 27.
Is Monero cheaper than Ethereum?
Yes, Monero has an average transaction fee of $0.001, whereas Ethereum costs $17.48.