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

  1. Metrics
  2. Comparison

Comparing Metrics

XRPEthereum Classic
Created byJed McCaleb, Arthur Britto and David SchwartzVitalik Buterin
Native tokenXRPETC
Consensus algorithmRPCAPoW
Hashing algorithmRPCAKECCAK-256
Supports EVMNoYes
Block time (secs)1013
Supports smart contractsNoYes
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.