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

  1. Metrics
  2. Comparison

Comparing Metrics

TONEthereum Classic
Created byNikolai and Pavel DurovVitalik Buterin
Native tokenTONETC
Consensus algorithmPoSPoW
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMNoYes
Block time (secs)513
Supports smart contractsYesYes
Average transaction fee$0.012375$0.0001
Staking rewards (APR)6.85%%

High-level Comparisons

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.