Optimism vs Monero

Optimism and Monero 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 HoRiccardo Spagni
Native tokenOPXMR
Consensus algorithmPoSPoW
Hashing algorithmKECCAK-256randomx
Supports EVMYesNo
Block time (secs)2120
Supports smart contractsYesNo
Average transaction fee$0.141$0.001
Staking rewards (APR)0%%

High-level Comparisons

Is Optimism faster than Monero?

Yes, Optimism can process 4000 transactions per second. Monero only processes up to 1700.

Is Optimism cheaper than Monero?

Yes, Optimism has an average transaction fee of $0.141, whereas Monero costs $0.001.