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
Comparing 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% | % |
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.