Algorand vs Optimism

Algorand vs Optimism Scalability

Real-time TPS

Chainspect

Algorand TPS is 50.89% lower than Optimism TPS

Algorand logo
5.98 tx/s
Optimism logo
12.18 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 29X higher than Optimism max TPS

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

Max Theoretical TPS

Chainspect

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

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

Transaction Volume

Chainspect

Algorand transaction volume is 50.89% lower than Optimism transaction volume

Algorand logo
21,532 txns
Optimism logo
43,852 txns

Block Time

Chainspect

Algorand block time is 1.41X longer than Optimism block time

Algorand logo
2.82s
Optimism logo
2s

Finality

Chainspect

Algorand finality is 100% shorter than Optimism finality

Algorand logo
0s
Optimism logo
16m 48s

Type

Chainspect

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

Algorand logo
Layer 1 blockchain
Optimism logo
Layer 2 blockchain

Launch Date

Chainspect

Algorand was launched 3 years before Optimism

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

Algorand vs Optimism Decentralization New

Nakamoto Coefficient

Chainspect

Algorand Nakamoto Coefficient is 12X higher than Optimism Nakamoto Coefficient

Algorand logo
12
Optimism logo
1

Validators

Chainspect

Algorand has 1,891X more validators than Optimism

Algorand logo
1,891
Optimism logo
1

Stake

Chainspect

Algorand stake is $517.7M, while Optimism has no data

Algorand logo
$517.7M
Optimism logo

Consensus Mechanism

Chainspect

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

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

Governance

Chainspect

Algorand and Optimism governance are both on-chain

Algorand logo
On-chain
Optimism logo
On-chain

Algorand vs Optimism Real-Time TPS Chart

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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