Monero vs Ethereum Classic

Monero 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

MoneroEthereum Classic
Created byRiccardo SpagniVitalik Buterin
Native tokenXMRETC
Consensus algorithmPoWPoW
Hashing algorithmrandomxKECCAK-256
Supports EVMNoYes
Block time (secs)12013
Supports smart contractsNoYes
Average transaction fee$0.001$0.0001
Staking rewards (APR)0%%

High-level Comparisons

Is Monero faster than Ethereum Classic?

Yes, Monero can process 1700 transactions per second. Ethereum Classic only processes up to 15.

Is Monero cheaper than Ethereum Classic?

Yes, Monero has an average transaction fee of $0.001, whereas Ethereum Classic costs $0.0001.