Algorand vs Optimism Scalability
Real-time TPS
Algorand TPS is 38.23% lower than Optimism TPS
Max TPS (100 blocks)
Algorand max TPS is 29X higher than Optimism max TPS
Max Theoretical TPS
Algorand max theoretical TPS is 13X higher than Optimism max theoretical TPS
Transaction Volume
Algorand transaction volume is 38.23% lower than Optimism transaction volume
Block Time
Algorand block time is 1.45X longer than Optimism block time
Finality
Algorand finality is 100% shorter than Optimism finality
Type
Algorand is a layer 1 blockchain, while Optimism is a layer 2 blockchain
Launch Date
Algorand was launched 3 years before Optimism
Algorand vs Optimism Decentralization New
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 12X higher than Optimism Nakamoto Coefficient
Validators
Algorand has 1,903X more validators than Optimism
Stake
Algorand stake is $481.1M, while Optimism has no data
Consensus Mechanism
Algorand is Pure Proof of Stake, while Optimism is Rollup (Optimistic)
Governance
Algorand and Optimism governance are both on-chain
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.