Optimism vs Avalanche

Optimism and Avalanche 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 HoEmin Gün Sirer, Kevin Sekniqi, and Ted Yin
Native tokenOPAVAX
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
Block time (secs)22
Supports smart contractsYesYes
Average transaction fee$0.141$0.12
Staking rewards (APR)0%8.96%

High-level Comparisons

Is Optimism faster than Avalanche?

No, Optimism only processes 4000 transactions per second. Avalanche processes up to 4500.

Is Optimism cheaper than Avalanche?

No, Optimism has an average transaction fee of $0.141, whereas Avalanche costs $0.12.