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
Comparing Metrics
| Optimism | Avalanche | |
|---|---|---|
| Created by | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin |
| Native token | OP | AVAX |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 4000 | 4500 |
| Block time (secs) | 2 | 2 |
| Layer | 2 | 0 |
| Supports smart contracts | Yes | Yes |
| 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.