TON vs Bitcoin
TON and Bitcoin 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
| TON | Bitcoin | |
|---|---|---|
| Created by | Nikolai and Pavel Durov | Satoshi Nakamoto |
| Native token | TON | BTC |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | KECCAK-256 | SHA-256 |
| Supports EVM | No | No |
| TPS | 1000000 | 5 |
| Block time (secs) | 5 | 600 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.012375 | $5.0973 |
| Staking rewards (APR) | 6.85% | 0% |
High-level Comparisons
Is TON faster than Bitcoin?
Yes, TON can process 1000000 transactions per second. Bitcoin only processes up to 5.
Is TON cheaper than Bitcoin?
Yes, TON has an average transaction fee of $0.012375, whereas Bitcoin costs $5.0973.