TON vs. Ethereum Classic
In this article we'll compare TON and Ethereum Classic. This is an indepth review that considers many metrics.
Overview
TON | Ethereum Classic | |
---|---|---|
Created by | Nikolai and Pavel Durov | Vitalik Buterin |
Native token | TON | ETC |
Consensus algorithm | PoS | PoW |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | No | Yes |
TPS | 1000000 | 15 |
Block time (secs) | 5 | 13 |
Layer | 1 | 1 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.012375 | $0.0001 |
Staking rewards (APR) | 6.85% | % |
Table of Contents
Comparison
Is TON faster than Ethereum Classic?
Yes, TON processes 1000000 transactions per second, whereas Ethereum Classic only processes 15.
Is TON cheaper than Ethereum Classic?
Yes, TON has an average transaction fee of $0.012375, whereas Ethereum Classic costs $0.0001.