Avalanche vs. Optimism
In this article we'll compare Avalanche and Optimism. This is an indepth review that considers many metrics.
Overview
Avalanche | Optimism | |
---|---|---|
Created by | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
Native token | AVAX | OP |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 4500 | 4000 |
Block time (secs) | 2 | 2 |
Layer | 0 | 2 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.12 | $0.141 |
Staking rewards (APR) | 8.96% | % |
Table of Contents
Comparison
Is Avalanche faster than Optimism?
Yes, Avalanche processes 4500 transactions per second, whereas Optimism only processes 4000.
Is Avalanche cheaper than Optimism?
Yes, Avalanche has an average transaction fee of $0.12, whereas Optimism costs $0.141.