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 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.

	Avalanche	Ethereum Classic
Created by	Emin Gün Sirer, Kevin Sekniqi, and Ted Yin	Vitalik Buterin
Native token	AVAX	ETC
Consensus algorithm	PoS	PoW
Hashing algorithm	KECCAK-256	KECCAK-256
Supports EVM	Yes	Yes
TPS	4500	15
Block time (secs)	2	13
Layer	0	1
Supports smart contracts	Yes	Yes
Average transaction fee	$0.12	$0.0001
Staking rewards (APR)	8.96%	%

Avalanche vs. Ethereum Classic

Overview

Table of Contents

Comparison

Is Avalanche faster than Ethereum Classic?

Is Avalanche cheaper than Ethereum Classic?