Optimism vs Algorand

Real-time TPS

Chainspect

Optimism TPS is 67.9% less than Algorand TPS

Optimism logo
9.98 tx/s
Algorand logo
31.08 tx/s

Max TPS (100 blocks)

Chainspect

Optimism max TPS is 98.36% less than Algorand max TPS

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

Max Theoretical TPS

Chainspect

Optimism max theoretical TPS is 92.38% less than Algorand max theoretical TPS

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

Total Transactions

Chainspect

Optimism total txns is 67.9% less than Algorand total txns

Optimism logo
35,911 txns
Algorand logo
111,893 txns

Block Time

Chainspect

Optimism block time is 29.57% less than Algorand block time

Optimism logo
2s
Algorand logo
2.84s

Finality

Chainspect

Optimism finality is 100% more than Algorand finality

Optimism logo
16m
Algorand logo
0s

Type

Chainspect

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

Optimism logo
Layer 2 blockchain
Algorand logo
Layer 1 blockchain

Governance

Chainspect

Optimism and Algorand governance are both coming soon

Optimism logo
On-chain
Algorand logo
On-chain

Launch Date

Chainspect

Optimism was launched 3 years after Algorand

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

Optimism vs Algorand Real-Time TPS Chart

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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.

Blockchains Socials

Optimism Socials

Algorand Socials