TON vs. Bitcoin
In this article we'll compare TON and Bitcoin. This is an indepth review that considers many metrics.
Overview
TON | Bitcoin | |
---|---|---|
Created by | Nikolai and Pavel Durov | Satoshi Nakamoto |
Native token | TON | BTC |
Consensus algorithm | PoS | PoW |
Hashing algorithm | KECCAK-256 | SHA-256 |
Supports EVM | No | No |
TPS | 1000000 | 5 |
Block time (secs) | 5 | 600 |
Layer | 1 | 1 |
Supports smart contracts | Yes | No |
Average transaction fee | $0.012375 | $5.0973 |
Staking rewards (APR) | 6.85% | 0% |
Table of Contents
Comparison
Is TON faster than Bitcoin?
Yes, TON processes 1000000 transactions per second, whereas Bitcoin only processes 5.
Is TON cheaper than Bitcoin?
Yes, TON has an average transaction fee of $0.012375, whereas Bitcoin costs $5.0973.