TON vs Ethereum

TON 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

  1. Metrics
  2. Comparison

Comparing Metrics

Created byNikolai and Pavel DurovVitalik Buterin
Native tokenTONETH
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMNoYes
Block time (secs)512
Supports smart contractsYesYes
Average transaction fee$0.012375$17.48
Staking rewards (APR)6.85%3.31%

High-level Comparisons

Is TON faster than Ethereum?

Yes, TON can process 1000000 transactions per second. Ethereum only processes up to 27.

Is TON cheaper than Ethereum?

Yes, TON has an average transaction fee of $0.012375, whereas Ethereum costs $17.48.