Ethereum Classic vs. Polygon
In this article we'll compare Ethereum Classic and Polygon. This is an indepth review that considers many metrics.
Overview
Ethereum Classic | Polygon | |
---|---|---|
Created by | Vitalik Buterin | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic |
Native token | ETC | MATIC |
Consensus algorithm | PoW | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 15 | 7000 |
Block time (secs) | 13 | 2 |
Layer | 1 | 2 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.0001 | $0.018 |
Staking rewards (APR) | 0% | 4.78% |
Table of Contents
Comparison
Is Ethereum Classic faster than Polygon?
No, Ethereum Classic processes 15 transactions per second and Polygon processes 7000.
Is Ethereum Classic cheaper than Polygon?
No, Ethereum Classic has an average transaction fee of $0.0001, whereas Polygon costs $0.018.