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

The Binance chain is the native blockchain of Binance, the world’s largest cryptocurrency exchange by trading volume. The project was born of a need for a decentralized, transparent and immutable blockchain that can be used as a public ledger for recording all transactions on the platform. The new chain will serve as the foundation for Binance’s native DEX and will also feature tools that will enable third-party developers to develop their own decentralized applications (dApps) based on the technology. Binance hopes its blockchain will “provide an underlying layer of a seamless financial infrastructure, driving rapid growth in digital asset adoption.”

	Ethereum Classic	BNB Chain
Created by	Vitalik Buterin	Changpeng Zhao
Native token	ETC	BNB
Consensus algorithm	PoW	PoS
Hashing algorithm	KECCAK-256	KECCAK-256
Supports EVM	Yes	Yes
TPS	15	2200
Block time (secs)	13	3
Layer	1	1
Supports smart contracts	Yes	Yes
Average transaction fee	$0.0001	$0.35
Staking rewards (APR)	0%	%

Ethereum Classic vs. BNB Chain

Overview

Table of Contents

Comparison

Is Ethereum Classic faster than BNB Chain?

Is Ethereum Classic cheaper than BNB Chain?