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

  1. Metrics
  2. Comparison

Comparing Metrics

Created byJinglan Wang, Benjamin Jones, Karl Floersch, and Kevin HoCharles Hoskinson
Native tokenOPADA
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256EdDSA
Supports EVMYesNo
Block time (secs)220
Supports smart contractsYesYes
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.