Algorand vs Optimism Scalability

Real-time TPS (1H)

Algorand TPS is 27.72% lower than Optimism TPS

Algorand logo
10.44 tx/s
Optimism logo
14.45 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 27.76% lower than Optimism transaction volume

Algorand logo
37.5K txns
Optimism logo
52K txns

Data from Chainspect

Block Time (1H)

Algorand block time is 1.38X longer than Optimism block time

Algorand logo
2.75s
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 2.83X more total transactions than Optimism

Algorand logo
3.45B txns
Optimism logo
1.22B 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 12X higher than Optimism Nakamoto Coefficient

Algorand logo
12
Optimism logo
1

Data from Chainspect

Validators

Algorand has 1,546X more validators than Optimism

Algorand logo
1,546
Optimism logo
1

Data from Chainspect

Stake

Algorand stake is $196.4M, while Optimism has no data

Algorand logo
$196.4M
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 84.3% fewer developers than Optimism

Algorand logo
540
Optimism logo
3,441

Data from Chainspect

Commits

Algorand has 76.3% fewer commits than Optimism

Algorand logo
42,981
Optimism logo
181,411

Data from Chainspect

Repos

Algorand has 1.92X more repos than Optimism

Algorand logo
184
Optimism logo
96

Data from Chainspect

Stars

Algorand has 61.4% fewer stars than Optimism

Algorand logo
5,085
Optimism logo
13,176

Data from Chainspect

Watchers

Algorand has 16.24% fewer watchers than Optimism

Algorand logo
727
Optimism logo
868

Data from Chainspect

Algorand vs Optimism Financials New

Chain Revenue

Algorand chain revenue is 95.73% lower than Optimism chain revenue

Algorand logo
$148.1
Optimism logo
$3.472K

Data from Chainspect

Average Transaction Fee

Algorand average transaction fee is 91.05% lower than Optimism average transaction fee

Algorand logo
$0.000151
Optimism logo
$0.001689

Data from Chainspect

Market Cap

Algorand market cap is 3.62X higher than Optimism market cap

Algorand logo
$861.4M
Optimism logo
$237.7M

Data from Chainspect

FDV

Algorand FDV is 2.04X higher than Optimism FDV

Algorand logo
$965M
Optimism logo
$472.7M

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
89.26%
Optimism logo
50.28%

Data from Chainspect

Price

Algorand price is 12.32% lower than Optimism price

Algorand logo
$0.0965
Optimism logo
$0.1101

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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