|Created by||Vitalik Buterin||Gavin Wood, Robert Habermeier and Peter Czaban|
|Block time (secs)||13||6|
|Supports smart contracts||Yes||Yes|
|Average transaction fee||$0.0001||$0.08792|
|Staking rewards (APR)||0%||14.5%|
Table of Contents
Is Ethereum Classic faster than Polkadot?
No, Ethereum Classic processes 15 transactions per second and Polkadot processes 1000.
Is Ethereum Classic cheaper than Polkadot?
No, Ethereum Classic has an average transaction fee of $0.0001, whereas Polkadot costs $0.08792.