Solana vs. Optimism
In this article we'll compare Solana and Optimism. This is an indepth review that considers many metrics.
Overview
| Solana | Optimism | |
|---|---|---|
| Created by | Anatoly Yakovenko | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
| Native token | SOL | OP |
| Consensus algorithm | PoH | PoS |
| Hashing algorithm | SHA-256 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 65000 | 4000 |
| Block time (secs) | 0.4 | 2 |
| Layer | 1 | 2 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.00025 | $0.141 |
| Staking rewards (APR) | 7% | % |
Table of Contents
Comparison
Is Solana faster than Optimism?
Yes, Solana processes 65000 transactions per second, whereas Optimism only processes 4000.
Is Solana cheaper than Optimism?
Yes, Solana has an average transaction fee of $0.00025, whereas Optimism costs $0.141.