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 ClassicArbitrum
Created byVitalik ButerinGermans Gedgauds
Native tokenETCETH
Consensus algorithmPoWPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
TPS154000
Block time (secs)1313
Layer12
Supports smart contractsYesYes
Average transaction fee$0.0001$0.101
Staking rewards (APR)0%%

Table of Contents

  1. Is Ethereum Classic faster than Arbitrum?
  2. Is Ethereum Classic cheaper than Arbitrum?

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.