Stellar vs Optimism
Stellar 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
Comparing Metrics
| Stellar | Optimism | |
|---|---|---|
| Created by | Jed McCaleb | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
| Native token | XLM | OP |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | SCP | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 200 | 4000 |
| Block time (secs) | 5 | 2 |
| Layer | 1 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $8.5e-9 | $0.141 |
| Staking rewards (APR) | 1% | % |
High-level Comparisons
Is Stellar faster than Optimism?
No, Stellar only processes 200 transactions per second. Optimism processes up to 4000.
Is Stellar cheaper than Optimism?
No, Stellar has an average transaction fee of $8.5e-9, whereas Optimism costs $0.141.