Ethereum Classic vs. Polkadot

In this article we'll compare Ethereum Classic and Polkadot. This is an indepth review that considers many metrics.

Overview

Ethereum ClassicPolkadot
Created byVitalik ButerinGavin Wood, Robert Habermeier and Peter Czaban
Native tokenETCDOT
Consensus algorithmPoWPoS
Hashing algorithmKECCAK-256BLAKE2
Supports EVMYesNo
TPS151000
Block time (secs)136
Layer10
Supports smart contractsYesYes
Average transaction fee$0.0001$0.08792
Staking rewards (APR)0%14.5%

Table of Contents

  1. Is Ethereum Classic faster than Polkadot?
  2. Is Ethereum Classic cheaper than Polkadot?

Comparison

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.