Arbitrum vs. Optimism

In this article we'll compare Arbitrum and Optimism. This is an indepth review that considers many metrics.

Overview

ArbitrumOptimism
Created byGermans GedgaudsJinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho
Native tokenETHOP
Consensus algorithmPoSPoS
Hashing algorithmKECCAK-256KECCAK-256
Supports EVMYesYes
TPS40004000
Block time (secs)132
Layer22
Supports smart contractsYesYes
Average transaction fee$0.101$0.141
Staking rewards (APR)0%%

Table of Contents

  1. Is Arbitrum faster than Optimism?
  2. Is Arbitrum cheaper than Optimism?

Comparison

Is Arbitrum faster than Optimism?

No, Arbitrum processes 4000 transactions per second and Optimism processes 4000.

Is Arbitrum cheaper than Optimism?

No, Arbitrum has an average transaction fee of $0.101, whereas Optimism costs $0.141.