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
Comparing Metrics
| BNB Chain | Optimism | |
|---|---|---|
| Created by | Changpeng Zhao | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
| Native token | BNB | OP |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 2200 | 4000 |
| Block time (secs) | 3 | 2 |
| Layer | 1 | 2 |
| Supports smart contracts | Yes | Yes |
| 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.