Monero vs Optimism

Monero 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

Created byRiccardo SpagniJinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho
Native tokenXMROP
Consensus algorithmPoWPoS
Hashing algorithmrandomxKECCAK-256
Supports EVMNoYes
Block time (secs)1202
Supports smart contractsNoYes
Average transaction fee$0.001$0.141
Staking rewards (APR)0%%

High-level Comparisons

Is Monero faster than Optimism?

No, Monero only processes 1700 transactions per second. Optimism processes up to 4000.

Is Monero cheaper than Optimism?

No, Monero has an average transaction fee of $0.001, whereas Optimism costs $0.141.