Ethereum Classic vs. Avalanche
In this article we'll compare Ethereum Classic and Avalanche. This is an indepth review that considers many metrics.
Overview
Ethereum Classic | Avalanche | |
---|---|---|
Created by | Vitalik Buterin | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin |
Native token | ETC | AVAX |
Consensus algorithm | PoW | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 15 | 4500 |
Block time (secs) | 13 | 2 |
Layer | 1 | 0 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.0001 | $0.12 |
Staking rewards (APR) | 0% | 8.96% |
Table of Contents
Comparison
Is Ethereum Classic faster than Avalanche?
No, Ethereum Classic processes 15 transactions per second and Avalanche processes 4500.
Is Ethereum Classic cheaper than Avalanche?
No, Ethereum Classic has an average transaction fee of $0.0001, whereas Avalanche costs $0.12.