Ethereum vs. Avalanche
In this article we'll compare Ethereum and Avalanche. This is an indepth review that considers many metrics.
Overview
Ethereum | Avalanche | |
---|---|---|
Created by | Vitalik Buterin | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin |
Native token | ETH | AVAX |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 27 | 4500 |
Block time (secs) | 12 | 2 |
Layer | 1 | 0 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $17.48 | $0.12 |
Staking rewards (APR) | 3.31% | 8.96% |
Table of Contents
Comparison
Is Ethereum faster than Avalanche?
No, Ethereum processes 27 transactions per second and Avalanche processes 4500.
Is Ethereum cheaper than Avalanche?
No, Ethereum has an average transaction fee of $17.48, whereas Avalanche costs $0.12.