BNB Chain vs Optimism

BNB Chain 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

  1. Metrics
  2. Comparison

Comparing Metrics

BNB ChainOptimism
Created byChangpeng ZhaoJinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho
Native tokenBNBOP
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
Block time (secs)32
Supports smart contractsYesYes
Average transaction fee$0.35$0.141
Staking rewards (APR)0%%

High-level Comparisons

Is BNB Chain faster than Optimism?

No, BNB Chain only processes 2200 transactions per second. Optimism processes up to 4000.

Is BNB Chain cheaper than Optimism?

No, BNB Chain has an average transaction fee of $0.35, whereas Optimism costs $0.141.