Avalanche blockchain is a decentralized platform for public and private ledgers that combines performance and security. Avalanche is a platform that allows for multiple different blockchain systems to be layered on top of each other in order to create an infinitely scalable, cryptographically secure, tamper-proof ledger that can be used for any number of industries. The Avalanche network will be resistant to attacks from quantum computers, which are predicted to be capable of breaking the asymmetric encryption used today.

Avalanche

The Binance chain is the native blockchain of Binance, the world’s largest cryptocurrency exchange by trading volume. The project was born of a need for a decentralized, transparent and immutable blockchain that can be used as a public ledger for recording all transactions on the platform. The new chain will serve as the foundation for Binance’s native DEX and will also feature tools that will enable third-party developers to develop their own decentralized applications (dApps) based on the technology. Binance hopes its blockchain will “provide an underlying layer of a seamless financial infrastructure, driving rapid growth in digital asset adoption.”

	Avalanche	BNB Chain
Created by	Emin Gün Sirer, Kevin Sekniqi, and Ted Yin	Changpeng Zhao
Native token	AVAX	BNB
Consensus algorithm	PoS	PoS
Hashing algorithm	KECCAK-256	KECCAK-256
Supports EVM	Yes	Yes
TPS	4500	2200
Block time (secs)	2	3
Layer	0	1
Supports smart contracts	Yes	Yes
Average transaction fee	$0.12	$0.35
Staking rewards (APR)	8.96%	%

Avalanche vs. BNB Chain

Overview

Table of Contents

Comparison

Is Avalanche faster than BNB Chain?

Is Avalanche cheaper than BNB Chain?