Polygon vs. Optimism
In this article we'll compare Polygon and Optimism. This is an indepth review that considers many metrics.
Overview
Polygon | Optimism | |
---|---|---|
Created by | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
Native token | MATIC | OP |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | Yes | Yes |
TPS | 7000 | 4000 |
Block time (secs) | 2 | 2 |
Layer | 2 | 2 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.018 | $0.141 |
Staking rewards (APR) | 4.78% | % |
Table of Contents
Comparison
Is Polygon faster than Optimism?
Yes, Polygon processes 7000 transactions per second, whereas Optimism only processes 4000.
Is Polygon cheaper than Optimism?
Yes, Polygon has an average transaction fee of $0.018, whereas Optimism costs $0.141.