XRP vs Ethereum Classic
XRP and Ethereum Classic 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 | 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% | % |
High-level Comparisons
Is XRP faster than Ethereum Classic?
Yes, XRP can process 1500 transactions per second. Ethereum Classic only processes up to 15.
Is XRP cheaper than Ethereum Classic?
Yes, XRP has an average transaction fee of $0.0002, whereas Ethereum Classic costs $0.0001.