Ethereum Classic vs. Ethereum
In this article we'll compare Ethereum Classic and Ethereum. This is an indepth review that considers many metrics.
Overview
| Ethereum Classic | Ethereum | |
|---|---|---|
| Created by | Vitalik Buterin | Vitalik Buterin |
| Native token | ETC | ETH |
| Consensus algorithm | PoW | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 15 | 27 |
| Block time (secs) | 13 | 12 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.0001 | $17.48 |
| Staking rewards (APR) | 0% | 3.31% |
Table of Contents
Comparison
Is Ethereum Classic faster than Ethereum?
No, Ethereum Classic processes 15 transactions per second and Ethereum processes 27.
Is Ethereum Classic cheaper than Ethereum?
No, Ethereum Classic has an average transaction fee of $0.0001, whereas Ethereum costs $17.48.