Optimism vs. Avalanche
In this article we'll compare Optimism and Avalanche. This is an indepth review that considers many metrics.
Overview
| Optimism | Avalanche | |
|---|---|---|
| Created by | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin |
| Native token | OP | AVAX |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 4000 | 4500 |
| Block time (secs) | 2 | 2 |
| Layer | 2 | 0 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.141 | $0.12 |
| Staking rewards (APR) | 0% | 8.96% |
Table of Contents
Comparison
Is Optimism faster than Avalanche?
No, Optimism processes 4000 transactions per second and Avalanche processes 4500.
Is Optimism cheaper than Avalanche?
No, Optimism has an average transaction fee of $0.141, whereas Avalanche costs $0.12.