The Ethereum Classic Blockchain is the original Ethereum blockchain and one of the largest and most established blockchain networks in existence. The Ethereum Classic (ETC) cryptocurrency token is a tradable, digital asset that is part of a system that can be used to trade goods, assets, or services.

Ethereum Classic

Bitcoin is a decentralized digital currency that works as a medium of exchange for goods and services. It was created in 2009 by a pseudonymous programmer named Satoshi Nakamoto (believed to be a Japanese man) as an alternative to other existing forms of currency, which are controlled by national governments and monetary authorities. Similar to cash, Bitcoin only exists digitally, but unlike cash it can be used to buy things electronically, like online goods or services. Bitcoin is made possible by a technology known as blockchain, which acts as the underlying infrastructure that makes facilitating transactions possible without the need of a third party (for example, banks).

	Ethereum Classic	Bitcoin
Created by	Vitalik Buterin	Satoshi Nakamoto
Native token	ETC	BTC
Consensus algorithm	PoW	PoW
Hashing algorithm	KECCAK-256	SHA-256
Supports EVM	Yes	No
TPS	15	5
Block time (secs)	13	600
Layer	1	1
Supports smart contracts	Yes	No
Average transaction fee	$0.0001	$5.0973
Staking rewards (APR)	0%	0%

Ethereum Classic vs. Bitcoin

Overview

Table of Contents

Comparison

Is Ethereum Classic faster than Bitcoin?

Is Ethereum Classic cheaper than Bitcoin?