Ethereum vs. Ethereum Classic
In this article we'll compare Ethereum and Ethereum Classic. This is an indepth review that considers many metrics.
Overview
| Ethereum | Ethereum Classic | |
|---|---|---|
| Created by | Vitalik Buterin | Vitalik Buterin |
| Native token | ETH | ETC |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 27 | 15 |
| Block time (secs) | 12 | 13 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $17.48 | $0.0001 |
| Staking rewards (APR) | 3.31% | % |
Table of Contents
Comparison
Is Ethereum faster than Ethereum Classic?
Yes, Ethereum processes 27 transactions per second, whereas Ethereum Classic only processes 15.
Is Ethereum cheaper than Ethereum Classic?
Yes, Ethereum has an average transaction fee of $17.48, whereas Ethereum Classic costs $0.0001.