Cardano vs. Optimism
In this article we'll compare Cardano and Optimism. This is an indepth review that considers many metrics.
Overview
| Cardano | Optimism | |
|---|---|---|
| Created by | Charles Hoskinson | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
| Native token | ADA | OP |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | EdDSA | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 250 | 4000 |
| Block time (secs) | 20 | 2 |
| Layer | 1 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.18 | $0.141 |
| Staking rewards (APR) | 5% | % |
Table of Contents
Comparison
Is Cardano faster than Optimism?
No, Cardano processes 250 transactions per second and Optimism processes 4000.
Is Cardano cheaper than Optimism?
No, Cardano has an average transaction fee of $0.18, whereas Optimism costs $0.141.