Arbitrum vs. Ethereum
In this article we'll compare Arbitrum and Ethereum. This is an indepth review that considers many metrics.
Overview
| Arbitrum | Ethereum | |
|---|---|---|
| Created by | Germans Gedgauds | Vitalik Buterin |
| Native token | ETH | ETH |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 4000 | 27 |
| Block time (secs) | 13 | 12 |
| Layer | 2 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.101 | $17.48 |
| Staking rewards (APR) | 0% | 3.31% |
Table of Contents
Comparison
Is Arbitrum faster than Ethereum?
Yes, Arbitrum processes 4000 transactions per second, whereas Ethereum only processes 27.
Is Arbitrum cheaper than Ethereum?
Yes, Arbitrum has an average transaction fee of $0.101, whereas Ethereum costs $17.48.