Optimism vs Cosmos
Optimism and Cosmos 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 | Cosmos | |
---|---|---|
Created by | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho | Ethan Buchman and Jae Kwon |
Native token | OP | ATOM |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | SHA-256 |
Supports EVM | Yes | No |
TPS | 4000 | 10000 |
Block time (secs) | 2 | 1 |
Layer | 2 | 0 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.141 | $0.01 |
Staking rewards (APR) | 0% | 25.4% |
High-level Comparisons
Is Optimism faster than Cosmos?
No, Optimism only processes 4000 transactions per second. Cosmos processes up to 10000.
Is Optimism cheaper than Cosmos?
No, Optimism has an average transaction fee of $0.141, whereas Cosmos costs $0.01.