Cosmos vs Optimism
Cosmos 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
| Cosmos | Optimism | |
|---|---|---|
| Created by | Ethan Buchman and Jae Kwon | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
| Native token | ATOM | OP |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | SHA-256 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 10000 | 4000 |
| Block time (secs) | 1 | 2 |
| Layer | 0 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.01 | $0.141 |
| Staking rewards (APR) | 25.4% | % |
High-level Comparisons
Is Cosmos faster than Optimism?
Yes, Cosmos can process 10000 transactions per second. Optimism only processes up to 4000.
Is Cosmos cheaper than Optimism?
Yes, Cosmos has an average transaction fee of $0.01, whereas Optimism costs $0.141.