Polygon vs Optimism

Polygon and Optimism 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 byJaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo BjelicJinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho
Native tokenMATICOP
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
Block time (secs)22
Supports smart contractsYesYes
Average transaction fee$0.018$0.141
Staking rewards (APR)4.78%%

High-level Comparisons

Is Polygon faster than Optimism?

Yes, Polygon can process 7000 transactions per second. Optimism only processes up to 4000.

Is Polygon cheaper than Optimism?

Yes, Polygon has an average transaction fee of $0.018, whereas Optimism costs $0.141.