Arbitrum Blockchain is a public, permissionless blockchain that provides a foundation for developers to build, deploy, and integrate decentralized applications (DApps). Arbitrum is a product of the Arbitrum Foundation, a non-profit organization based in Switzerland. The Arbitrum Foundation is funded by the community through an initial coin offering (ICO).

Arbitrum

The Ethereum Classic Blockchain is the original Ethereum blockchain and one of the largest and most established blockchain networks in existence. The Ethereum Classic (ETC) cryptocurrency token is a tradable, digital asset that is part of a system that can be used to trade goods, assets, or services.

	Arbitrum	Ethereum Classic
Created by	Germans Gedgauds	Vitalik Buterin
Native token	ETH	ETC
Consensus algorithm	PoS	PoW
Hashing algorithm	KECCAK-256	KECCAK-256
Supports EVM	Yes	Yes
TPS	4000	15
Block time (secs)	13	13
Layer	2	1
Supports smart contracts	Yes	Yes
Average transaction fee	$0.101	$0.0001
Staking rewards (APR)	0%	%

Arbitrum vs. Ethereum Classic

Overview

Table of Contents

Comparison

Is Arbitrum faster than Ethereum Classic?

Is Arbitrum cheaper than Ethereum Classic?