Real-time TPS
Optimism TPS is 1.42X more than Algorand TPS
Max TPS (100 blocks)
Optimism max TPS is 98.36% less than Algorand max TPS
Max Theoretical TPS
Optimism max theoretical TPS is 92.38% less than Algorand max theoretical TPS
Total Transactions
Optimism total txns is 1.42X more than Algorand total txns
Block Time
Optimism block time is 29.31% less than Algorand block time
Finality
Optimism finality is 100% more than Algorand finality
Nakamoto Coefficient
Optimism and Algorand nakamoto coefficient are both coming soon
Active Addresses
Optimism and Algorand active addresses are both coming soon
Governance
Optimism and Algorand governance are both coming soon
Type
Optimism is a layer 2 blockchain, while Algorand is a layer 1 blockchain
Launch Date
Optimism was launched 3 years after Algorand
Optimism vs Algorand Real-Time TPS Chart
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Other Comparisons
Optimism Comparisons
About Blockchains
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.
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.