Algorand vs Optimism Scalability

Real-time TPS (1H)

Algorand TPS is 13.52% lower than Optimism TPS

Algorand logo
11.93 tx/s
Optimism logo
13.8 tx/s

Data from Chainspect

Max TPS (100 blocks)

Algorand max TPS is 19X higher than Optimism max TPS

Algorand logo
5,716 tx/s
Optimism logo
295.7 tx/s

Data from Chainspect

Max Theoretical TPS

Algorand max theoretical TPS is 13X higher than Optimism max theoretical TPS

Algorand logo
9,384 tx/s
Optimism logo
714.3 tx/s

Data from Chainspect

Transaction Volume (1H)

Algorand transaction volume is 13.52% lower than Optimism transaction volume

Algorand logo
42.9K txns
Optimism logo
49.7K txns

Data from Chainspect

Block Time (1H)

Algorand block time is 1.37X longer than Optimism block time

Algorand logo
2.74s
Optimism logo
2s

Data from Chainspect

Finality

Algorand finality is 100% shorter than Optimism finality

Algorand logo
0s
Optimism logo
16m 48s

Data from Chainspect

Type

Algorand is a layer 1 blockchain, while Optimism is a layer 2 blockchain

Algorand logo
Layer 1 blockchain
Optimism logo
Layer 2 blockchain

Data from Chainspect

Total Transactions (All time)

Algorand has 2.86X more total transactions than Optimism

Algorand logo
3.45B txns
Optimism logo
1.2B txns

Data from Chainspect

Launch Date

Algorand was launched 3 years before Optimism

Algorand logo
Jun 12, 2019
Optimism logo
Dec 16, 2021

Data from Chainspect

Algorand vs Optimism Decentralization

Nakamoto Coefficient

Algorand Nakamoto Coefficient is 13X higher than Optimism Nakamoto Coefficient

Algorand logo
13
Optimism logo
1

Data from Chainspect

Validators

Algorand has 1,564X more validators than Optimism

Algorand logo
1,564
Optimism logo
1

Data from Chainspect

Stake

Algorand stake is $187.1M, while Optimism has no data

Algorand logo
$187.1M
Optimism logo
—

Data from Chainspect

Consensus Mechanism

Algorand is Pure Proof of Stake, while Optimism is Rollup (Optimistic)

Algorand logo
Pure Proof of Stake
Optimism logo
Rollup (Optimistic)

Data from Chainspect

Governance

Algorand and Optimism governance are both on-chain

Algorand logo
On-chain
Optimism logo
On-chain

Data from Chainspect

Algorand vs Optimism Developer Activity

Developers

Algorand has 84.29% fewer developers than Optimism

Algorand logo
540
Optimism logo
3,439

Data from Chainspect

Commits

Algorand has 76.31% fewer commits than Optimism

Algorand logo
42,907
Optimism logo
181,161

Data from Chainspect

Repos

Algorand has 1.91X more repos than Optimism

Algorand logo
183
Optimism logo
96

Data from Chainspect

Stars

Algorand has 61.34% fewer stars than Optimism

Algorand logo
5,088
Optimism logo
13,162

Data from Chainspect

Watchers

Algorand has 16.45% fewer watchers than Optimism

Algorand logo
726
Optimism logo
869

Data from Chainspect

Algorand vs Optimism Financials New

Chain Revenue

Algorand chain revenue is 89.23% lower than Optimism chain revenue

Algorand logo
$105.4
Optimism logo
$978.8

Data from Chainspect

Average Transaction Fee

Algorand average transaction fee is 81.72% lower than Optimism average transaction fee

Algorand logo
$0.0001304
Optimism logo
$0.0007138

Data from Chainspect

Market Cap

Algorand market cap is 3.9X higher than Optimism market cap

Algorand logo
$812M
Optimism logo
$208.2M

Data from Chainspect

FDV

Algorand FDV is 2.19X higher than Optimism FDV

Algorand logo
$909.9M
Optimism logo
$415.4M

Data from Chainspect

Market Cap / FDV

Algorand Market Cap to FDV ratio is 1.78X higher than Optimism Market Cap to FDV ratio

Algorand logo
89.24%
Optimism logo
50.12%

Data from Chainspect

Price

Algorand price is 5.92% lower than Optimism price

Algorand logo
$0.09099
Optimism logo
$0.09672

Data from Chainspect

Algorand vs Optimism Real-time TPS Chart

Other 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.

Blockchains Socials

Algorand Socials

Optimism Socials

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