Cosmos vs. Ethereum Classic
In this article we'll compare Cosmos and Ethereum Classic. This is an indepth review that considers many metrics.
Overview
Cosmos | Ethereum Classic | |
---|---|---|
Created by | Ethan Buchman and Jae Kwon | Vitalik Buterin |
Native token | ATOM | ETC |
Consensus algorithm | PoS | PoW |
Hashing algorithm | SHA-256 | KECCAK-256 |
Supports EVM | No | Yes |
TPS | 10000 | 15 |
Block time (secs) | 1 | 13 |
Layer | 0 | 1 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.01 | $0.0001 |
Staking rewards (APR) | 25.4% | % |
Table of Contents
Comparison
Is Cosmos faster than Ethereum Classic?
Yes, Cosmos processes 10000 transactions per second, whereas Ethereum Classic only processes 15.
Is Cosmos cheaper than Ethereum Classic?
Yes, Cosmos has an average transaction fee of $0.01, whereas Ethereum Classic costs $0.0001.