TON vs. Optimism
In this article we'll compare TON and Optimism. This is an indepth review that considers many metrics.
Overview
TON | Optimism | |
---|---|---|
Created by | Nikolai and Pavel Durov | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
Native token | TON | OP |
Consensus algorithm | PoS | PoS |
Hashing algorithm | KECCAK-256 | KECCAK-256 |
Supports EVM | No | Yes |
TPS | 1000000 | 4000 |
Block time (secs) | 5 | 2 |
Layer | 1 | 2 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.012375 | $0.141 |
Staking rewards (APR) | 6.85% | % |
Table of Contents
Comparison
Is TON faster than Optimism?
Yes, TON processes 1000000 transactions per second, whereas Optimism only processes 4000.
Is TON cheaper than Optimism?
Yes, TON has an average transaction fee of $0.012375, whereas Optimism costs $0.141.