XRP vs. Ethereum Classic

In this article we'll compare XRP and Ethereum Classic. This is an indepth review that considers many metrics.

Overview

XRPEthereum Classic
Created byJed McCaleb, Arthur Britto and David SchwartzVitalik Buterin
Native tokenXRPETC
Consensus algorithmRPCAPoW
Hashing algorithmRPCAKECCAK-256
Supports EVMNoYes
TPS150015
Block time (secs)1013
Layer11
Supports smart contractsNoYes
Average transaction fee$0.0002$0.0001
Staking rewards (APR)3.03%%

Table of Contents

  1. Is XRP faster than Ethereum Classic?
  2. Is XRP cheaper than Ethereum Classic?

Comparison

Is XRP faster than Ethereum Classic?

Yes, XRP processes 1500 transactions per second, whereas Ethereum Classic only processes 15.

Is XRP cheaper than Ethereum Classic?

Yes, XRP has an average transaction fee of $0.0002, whereas Ethereum Classic costs $0.0001.