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 Classic | Polkadot | |
---|---|---|
Created by | Vitalik Buterin | Gavin Wood, Robert Habermeier and Peter Czaban |
Native token | ETC | DOT |
Consensus algorithm | PoW | PoS |
Hashing algorithm | KECCAK-256 | BLAKE2 |
Supports EVM | Yes | No |
TPS | 15 | 1000 |
Block time (secs) | 13 | 6 |
Layer | 1 | 0 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.0001 | $0.08792 |
Staking rewards (APR) | 0% | 14.5% |
Table of Contents
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.