Optimism vs Arbitrum

Optimism and Arbitrum 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 byJinglan Wang, Benjamin Jones, Karl Floersch, and Kevin HoGermans Gedgauds
Native tokenOPETH
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
Block time (secs)213
Supports smart contractsYesYes
Average transaction fee$0.141$0.101
Staking rewards (APR)0%%

High-level Comparisons

Is Optimism faster than Arbitrum?

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

Is Optimism cheaper than Arbitrum?

No, Optimism has an average transaction fee of $0.141, whereas Arbitrum costs $0.101.