XRP vs Arbitrum
XRP and Arbitrum are two popular blockchains. In this article we'll compare them across a variety of metrics. Both blockchains have their own strengths and weaknesses, and we'll explore them below.
Table of Contents
Comparing Metrics
XRP | Arbitrum | |
---|---|---|
Created by | Jed McCaleb, Arthur Britto and David Schwartz | Germans Gedgauds |
Native token | XRP | ETH |
Consensus algorithm | RPCA | PoS |
Hashing algorithm | RPCA | KECCAK-256 |
Supports EVM | No | Yes |
TPS | 1500 | 4000 |
Block time (secs) | 10 | 13 |
Layer | 1 | 2 |
Supports smart contracts | No | Yes |
Average transaction fee | $0.0002 | $0.101 |
Staking rewards (APR) | 3.03% | % |
High-level Comparisons
Is XRP faster than Arbitrum?
No, XRP only processes 1500 transactions per second. Arbitrum processes up to 4000.
Is XRP cheaper than Arbitrum?
No, XRP has an average transaction fee of $0.0002, whereas Arbitrum costs $0.101.