TON vs Optimism
TON 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
| TON | Optimism | |
|---|---|---|
| Created by | Nikolai and Pavel Durov | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
| Native token | TON | OP |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 1000000 | 4000 |
| Block time (secs) | 5 | 2 |
| Layer | 1 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.012375 | $0.141 |
| Staking rewards (APR) | 6.85% | % |
High-level Comparisons
Is TON faster than Optimism?
Yes, TON can process 1000000 transactions per second. Optimism only processes up to 4000.
Is TON cheaper than Optimism?
Yes, TON has an average transaction fee of $0.012375, whereas Optimism costs $0.141.