Arbitrum vs. BNB Chain
In this article we'll compare Arbitrum and BNB Chain. This is an indepth review that considers many metrics.
Overview
Arbitrum | BNB Chain | |
---|---|---|
Created by | Germans Gedgauds | Changpeng Zhao |
Native token | ETH | BNB |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 4000 | 2200 |
Block time (secs) | 13 | 3 |
Layer | 2 | 1 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.101 | $0.35 |
Staking rewards (APR) | 0% | % |
Table of Contents
Comparison
Is Arbitrum faster than BNB Chain?
Yes, Arbitrum processes 4000 transactions per second, whereas BNB Chain only processes 2200.
Is Arbitrum cheaper than BNB Chain?
Yes, Arbitrum has an average transaction fee of $0.101, whereas BNB Chain costs $0.35.