Ethereum Classic vs. Solana
In this article we'll compare Ethereum Classic and Solana. This is an indepth review that considers many metrics.
Overview
Ethereum Classic | Solana | |
---|---|---|
Created by | Vitalik Buterin | Anatoly Yakovenko |
Native token | ETC | SOL |
Consensus algorithm | PoW | PoH |
Hashing algorithm | KECCAK-256 | SHA-256 |
Supports EVM | Yes | No |
TPS | 15 | 65000 |
Block time (secs) | 13 | 0.4 |
Layer | 1 | 1 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.0001 | $0.00025 |
Staking rewards (APR) | 0% | 7% |
Table of Contents
Comparison
Is Ethereum Classic faster than Solana?
No, Ethereum Classic processes 15 transactions per second and Solana processes 65000.
Is Ethereum Classic cheaper than Solana?
No, Ethereum Classic has an average transaction fee of $0.0001, whereas Solana costs $0.00025.