Avalanche vs Optimism
Avalanche and Optimism 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
| Avalanche | Optimism | |
|---|---|---|
| Created by | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
| Native token | AVAX | OP |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 4500 | 4000 |
| Block time (secs) | 2 | 2 |
| Layer | 0 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.12 | $0.141 |
| Staking rewards (APR) | 8.96% | % |
High-level Comparisons
Is Avalanche faster than Optimism?
Yes, Avalanche can process 4500 transactions per second. Optimism only processes up to 4000.
Is Avalanche cheaper than Optimism?
Yes, Avalanche has an average transaction fee of $0.12, whereas Optimism costs $0.141.