Cardano vs Optimism
Cardano 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
| Cardano | Optimism | |
|---|---|---|
| Created by | Charles Hoskinson | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
| Native token | ADA | OP |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | EdDSA | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 250 | 4000 |
| Block time (secs) | 20 | 2 |
| Layer | 1 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.18 | $0.141 |
| Staking rewards (APR) | 5% | % |
High-level Comparisons
Is Cardano faster than Optimism?
No, Cardano only processes 250 transactions per second. Optimism processes up to 4000.
Is Cardano cheaper than Optimism?
No, Cardano has an average transaction fee of $0.18, whereas Optimism costs $0.141.