XRP vs. Ethereum Classic
In this article we'll compare XRP and Ethereum Classic. This is an indepth review that considers many metrics.
Overview
XRP | Ethereum Classic | |
---|---|---|
Created by | Jed McCaleb, Arthur Britto and David Schwartz | Vitalik Buterin |
Native token | XRP | ETC |
Consensus algorithm | RPCA | PoW |
Hashing algorithm | RPCA | KECCAK-256 |
Supports EVM | No | Yes |
TPS | 1500 | 15 |
Block time (secs) | 10 | 13 |
Layer | 1 | 1 |
Supports smart contracts | No | Yes |
Average transaction fee | $0.0002 | $0.0001 |
Staking rewards (APR) | 3.03% | % |
Table of Contents
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.