Compare Algorand vs Optimism
Open in ChatGPTAlgorand vs Optimism Scalability
Real-time TPS (1H)
Algorand TPS is 67.51% lower than Optimism TPS
Data from Chainspect
Max TPS (100 blocks)
Algorand max TPS is 26X higher than Optimism max TPS
Data from Chainspect
Max Theoretical TPS
Algorand max theoretical TPS is 13X higher than Optimism max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Algorand transaction volume is 67.51% lower than Optimism transaction volume
Data from Chainspect
Block Time (1H)
Algorand block time is 1.43X longer than Optimism block time
Data from Chainspect
Finality
Algorand finality is 100% shorter than Optimism finality
Data from Chainspect
Type
Algorand is a layer 1 blockchain, while Optimism is a layer 2 blockchain
Data from Chainspect
Total Transactions
Algorand has 3.86X more total transactions than Optimism
Data from Chainspect
Launch Date
Algorand was launched 3 years before Optimism
Data from Chainspect
Algorand vs Optimism Decentralization
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12X higher than Optimism Nakamoto Coefficient
Data from Chainspect
Validators
Algorand has 1,766X more validators than Optimism
Data from Chainspect
Stake
Algorand stake is $258.1M, while Optimism has no data
Data from Chainspect
Consensus Mechanism
Algorand is Pure Proof of Stake, while Optimism is Rollup (Optimistic)
Data from Chainspect
Governance
Algorand and Optimism governance are both on-chain
Data from Chainspect
Algorand vs Optimism Developer Activity
Developers
Algorand has 82.16% fewer developers than Optimism
Data from Chainspect
Commits
Algorand has 77.81% fewer commits than Optimism
Data from Chainspect
Repos
Algorand has 1.8X more repos than Optimism
Data from Chainspect
Stars
Algorand has 60.33% fewer stars than Optimism
Data from Chainspect
Watchers
Algorand has 10.53% fewer watchers than Optimism
Data from Chainspect
Algorand vs Optimism Financials New
Chain Revenue
Algorand chain revenue is 93.88% lower than Optimism chain revenue
Data from Chainspect
Average Transaction Fee
Algorand average transaction fee is 86.65% lower than Optimism average transaction fee
Data from Chainspect
Market Cap
Algorand market cap is 1.97X higher than Optimism market cap
Data from Chainspect
FDV
Algorand FDV is 1.53% lower than Optimism FDV
Data from Chainspect
Market Cap / FDV
Algorand Market Cap to FDV ratio is 2X higher than Optimism Market Cap to FDV ratio
Data from Chainspect
Price
Algorand price is 57.7% lower than Optimism price
Data from Chainspect
Algorand vs Optimism Real-time TPS Chart
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Other Comparisons
Algorand Comparisons
About Blockchains
About Algorand
Algorand emerges as a blockchain platform committed to fostering transparency and enabling the growth of decentralized projects and applications. Operating as a public, decentralized blockchain, it leverages a Pure Proof-of-Stake (PPoS) consensus mechanism to uphold network security, efficiency, and decentralization. Powered by the Algorand Consensus Algorithm, the network employs a combination of cryptographic techniques and random selection to attain consensus, effectively addressing the constraints of traditional consensus mechanisms.
About Optimism
Optimism provides a Layer 2 scaling fix for Ethereum, greatly boosting its scalability and cutting down on gas fees. It maintains robust security measures and guarantees a smooth development experience. Through Optimistic Rollups, it enables swift transaction processing, positioning Ethereum as a viable option for deploying intricate and interactive applications.