Avalanche vs. Ethereum
In this article we'll compare Avalanche and Ethereum. This is an indepth review that considers many metrics.
Overview
| Avalanche | Ethereum | |
|---|---|---|
| Created by | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin | Vitalik Buterin |
| Native token | AVAX | ETH |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 4500 | 27 |
| Block time (secs) | 2 | 12 |
| Layer | 0 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.12 | $17.48 |
| Staking rewards (APR) | 8.96% | 3.31% |
Table of Contents
Comparison
Is Avalanche faster than Ethereum?
Yes, Avalanche processes 4500 transactions per second, whereas Ethereum only processes 27.
Is Avalanche cheaper than Ethereum?
Yes, Avalanche has an average transaction fee of $0.12, whereas Ethereum costs $17.48.