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
Comparing Metrics
| Monero | Ethereum Classic | |
|---|---|---|
| Created by | Riccardo Spagni | Vitalik Buterin |
| Native token | XMR | ETC |
| Consensus algorithm | PoW | PoW |
| Hashing algorithm | randomx | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 1700 | 15 |
| Block time (secs) | 120 | 13 |
| Layer | 1 | 1 |
| Supports smart contracts | No | Yes |
| 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.