Optimism vs. Polygon
In this article we'll compare Optimism and Polygon. This is an indepth review that considers many metrics.
Overview
| Optimism | Polygon | |
|---|---|---|
| Created by | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic |
| Native token | OP | MATIC |
| Consensus algorithm | PoS | PoS |
| Hashing algorithm | KECCAK-256 | KECCAK-256 |
| Supports EVM | Yes | Yes |
| TPS | 4000 | 7000 |
| Block time (secs) | 2 | 2 |
| Layer | 2 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.141 | $0.018 |
| Staking rewards (APR) | 0% | 4.78% |
Table of Contents
Comparison
Is Optimism faster than Polygon?
No, Optimism processes 4000 transactions per second and Polygon processes 7000.
Is Optimism cheaper than Polygon?
No, Optimism has an average transaction fee of $0.141, whereas Polygon costs $0.018.