Algorand vs Optimism

Real-time TPS

Chainspect

Algorand TPS is 37.31% less than Optimism TPS

Algorand logo
7.7 tx/s
Optimism logo
12.28 tx/s

Max TPS (100 blocks)

Chainspect

Algorand max TPS is 37X more than Optimism max TPS

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

Max Theoretical TPS

Chainspect

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

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

Transaction Volume

Chainspect

Algorand transaction volume is 37.31% less than Optimism transaction volume

Algorand logo
27,708 txns
Optimism logo
44,203 txns

Block Time

Chainspect

Algorand block time is 1.4X more than Optimism block time

Algorand logo
2.8s
Optimism logo
2s

Finality

Chainspect

Algorand finality is 100% less than Optimism finality

Algorand logo
0s
Optimism logo
16m

Nakamoto Coefficient

Chainspect

Algorand and Optimism nakamoto coefficient are both coming soon

Algorand logo
Soon
Optimism logo
Soon

Active Addresses

Chainspect

Algorand and Optimism active addresses are both coming soon

Algorand logo
Soon
Optimism logo
Soon

Governance

Chainspect

Algorand and Optimism governance are both coming soon

Algorand logo
On-chain
Optimism logo
On-chain

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 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