TON vs Ethereum Classic
TON 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
Metrics
TON | Ethereum Classic | |
---|---|---|
Created by | Nikolai and Pavel Durov | Vitalik Buterin |
Native token | TON | ETC |
Consensus algorithm | PoS | PoW |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | No | Yes |
TPS | 1000000 | 15 |
Block time (secs) | 5 | 13 |
Layer | 1 | 1 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.012375 | $0.0001 |
Staking rewards (APR) | 6.85% | % |
Detailed Comparison
Network Performance and Scalability
TON and Ethereum Classic show significant differences in their performance metrics:
- Transaction Speed (TPS)
- TON: 1,000,000 TPS
- Ethereum Classic: 15 TPS
TON's impressive throughput of 1 million transactions per second dramatically outperforms Ethereum Classic's 15 TPS. This massive difference means TON can handle enterprise-level applications and mass adoption scenarios, while Ethereum Classic may experience congestion during high network activity.
- Block Time
- TON: 5 seconds
- Ethereum Classic: 13 seconds
TON's faster block time enables quicker transaction finality and better user experience. With blocks produced every 5 seconds compared to ETC's 13 seconds, TON users enjoy faster confirmation times and reduced waiting periods for transaction completion.
Consensus and Security
The chains employ different consensus mechanisms:
- TON: Proof of Stake (PoS)
- Ethereum Classic: Proof of Work (PoW)
TON's PoS mechanism offers several advantages:
- Energy efficiency
- Staking rewards of 6.85%
- Lower barrier to participation
- Enhanced scalability
Ethereum Classic's PoW system provides:
- Battle-tested security
- Decentralization through mining
- Higher energy consumption
- Traditional blockchain security model
Transaction Costs
- TON: Average fee of 0.012375 TON
- Ethereum Classic: Average fee of 0.0001 ETC
While the nominal values differ, both chains maintain relatively low transaction fees compared to other major networks. ETC's lower average fee makes it attractive for smaller transactions, though TON's higher throughput helps prevent fee spikes during network congestion.
Technical Architecture
Both blockchains share some technical similarities while maintaining distinct features:
- Hashing Algorithm
- Both use KECCAK-256
- Provides strong cryptographic security
- Smart Contract Support
- Both support smart contracts
- ETC is EVM-compatible, while TON uses its own virtual machine
- TON's architecture allows for infinite sharding and better scalability
Development and Origins
The chains have different origin stories and founding teams:
TON:
- Created by Nikolai and Pavel Durov (Telegram founders)
- Designed for mass adoption and scalability
- Modern architecture with advanced features
Ethereum Classic:
- Originally created by Vitalik Buterin
- Maintains the original Ethereum chain's principles
- Emphasizes immutability and "Code is Law" philosophy
Ecosystem and Development
Both platforms support active development communities:
TON:
- Modern Infrastructure designed for Web3 applications
- Strong focus on scalability and user experience
- Integration with Telegram's ecosystem
- Actively developing DeFi and NFT capabilities
Ethereum Classic:
- Established ecosystem with proven track record
- Compatible with Ethereum tools and infrastructure
- Strong focus on maintaining original blockchain principles
- Mature development tools and resources
Supply Economics
Both chains have interesting approaches to token supply:
- Neither has a maximum supply cap
- TON features staking rewards that influence supply dynamics
- ETC maintains predictable issuance through mining rewards
The lack of maximum supply in both chains allows for ongoing network security funding, though their different consensus mechanisms affect how new tokens enter circulation.
Target Use Cases
The blockchains serve different primary purposes:
TON:
- Mass market applications
- High-throughput DeFi services
- Integration with messaging platforms
- Web3 services requiring high scalability
Ethereum Classic:
- Traditional smart contract applications
- Store of value
- Decentralized applications requiring strong immutability
- Legacy Ethereum ecosystem compatibility
Community and Governance
The networks have distinct governance approaches:
TON:
- More centralized initial development
- Focus on practical improvements and scaling
- Strong connection to Telegram community
Ethereum Classic:
- Strong emphasis on decentralization
- Conservative approach to protocol changes
- Community-driven development decisions
- Commitment to original blockchain principles
This comprehensive comparison shows two distinct approaches to blockchain technology. TON represents a modern, high-performance network designed for mass adoption, while Ethereum Classic maintains traditional blockchain values with proven reliability and strong immutability principles. Each serves different user needs and use cases within the broader blockchain ecosystem.
FAQs
Is TON faster than Ethereum Classic?
Yes, TON can process 1000000 transactions per second. Ethereum Classic only processes up to 15.
Is TON cheaper than Ethereum Classic?
Yes, TON has an average transaction fee of $0.012375, whereas Ethereum Classic costs $0.0001.