Blockchain Research

Ethereum vs Bitcoin

Ethereum is a L1 launched in 2015 using PoS (Gasper: Casper FFG + LMD-GHOST). Bitcoin is a L1 launched in 2009 using Nakamoto PoW (SHA-256). On observed throughput, Ethereum leads (17 vs 7 TPS). On typical fees, Ethereum is lower ($0.1600 vs $0.2400).

Metric Ethereum Bitcoin
Observed TPS 17 7
Theoretical TPS 238 7
Finality 768.00 s 3,600.00 s
Block time 12.00 s 600.00 s
Avg fee $0.1600 $0.2400
Validators 887,955

Better value per row marked in colour (higher TPS; lower finality, block time, fee). "—" = no reliable current source.

Sources