Optimism vs. Cardano
In this article we'll compare Optimism and Cardano. This is an indepth review that considers many metrics.
Overview
| Optimism | Cardano | |
|---|---|---|
| Created by | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho | Charles Hoskinson |
| Native token | OP | ADA |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | EdDSA |
| Supports EVM | Yes | No |
| TPS | 4000 | 250 |
| Block time (secs) | 2 | 20 |
| Layer | 2 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.141 | $0.18 |
| Staking rewards (APR) | 0% | 5% |
Table of Contents
Comparison
Is Optimism faster than Cardano?
Yes, Optimism processes 4000 transactions per second, whereas Cardano only processes 250.
Is Optimism cheaper than Cardano?
Yes, Optimism has an average transaction fee of $0.141, whereas Cardano costs $0.18.