Optimism vs Cardano
Optimism and Cardano 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 | Cardano | |
|---|---|---|
| Created by | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho | Charles Hoskinson |
| Native token | OP | ADA |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | EdDSA |
| Supports EVM | Yes | No |
| TPS | 4000 | 250 |
| Block time (secs) | 2 | 20 |
| Layer | 2 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.141 | $0.18 |
| Staking rewards (APR) | 0% | 5% |
High-level Comparisons
Is Optimism faster than Cardano?
Yes, Optimism can process 4000 transactions per second. Cardano only processes up to 250.
Is Optimism cheaper than Cardano?
Yes, Optimism has an average transaction fee of $0.141, whereas Cardano costs $0.18.