BNB Chain vs. Ethereum
In this article we'll compare BNB Chain and Ethereum. This is an indepth review that considers many metrics.
Overview
BNB Chain | Ethereum | |
---|---|---|
Created by | Changpeng Zhao | Vitalik Buterin |
Native token | BNB | ETH |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 2200 | 27 |
Block time (secs) | 3 | 12 |
Layer | 1 | 1 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.35 | $17.48 |
Staking rewards (APR) | 0% | 3.31% |
Table of Contents
Comparison
Is BNB Chain faster than Ethereum?
Yes, BNB Chain processes 2200 transactions per second, whereas Ethereum only processes 27.
Is BNB Chain cheaper than Ethereum?
Yes, BNB Chain has an average transaction fee of $0.35, whereas Ethereum costs $17.48.