Ethereum Classic vs. Arbitrum
In this article we'll compare Ethereum Classic and Arbitrum. This is an indepth review that considers many metrics.
Overview
Ethereum Classic | Arbitrum | |
---|---|---|
Created by | Vitalik Buterin | Germans Gedgauds |
Native token | ETC | ETH |
Consensus algorithm | PoW | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 15 | 4000 |
Block time (secs) | 13 | 13 |
Layer | 1 | 2 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.0001 | $0.101 |
Staking rewards (APR) | 0% | % |
Table of Contents
Comparison
Is Ethereum Classic faster than Arbitrum?
No, Ethereum Classic processes 15 transactions per second and Arbitrum processes 4000.
Is Ethereum Classic cheaper than Arbitrum?
No, Ethereum Classic has an average transaction fee of $0.0001, whereas Arbitrum costs $0.101.