Optimism vs Algorand
Optimism vs Algorand Scalability
Real-time TPS
Optimism TPS is 2.74X higher than Algorand TPS
Max TPS (100 blocks)
Optimism max TPS is 96.49% lower than Algorand max TPS
Max Theoretical TPS
Optimism max theoretical TPS is 92.38% lower than Algorand max theoretical TPS
Transaction Volume
Optimism transaction volume is 2.74X higher than Algorand transaction volume
Block Time
Optimism block time is 30.38% shorter than Algorand block time
Finality
Optimism finality is 100% longer than Algorand finality
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 Decentralization
Nakamoto Coefficient
Optimism Nakamoto Coefficient is 91.66% lower than Algorand Nakamoto Coefficient
Validators
Optimism has 99.94% fewer validators than Algorand
Stake
Optimism has no data, while Algorand stake is $474.3M
Consensus Mechanism
Optimism is Rollup (Optimistic), while Algorand is Pure Proof of Stake
Governance
Optimism and Algorand governance are both on-chain
Optimism vs Algorand Developer Activity New
Developers
Optimism has 5.54X more developers than Algorand
Repos
Optimism has 41.87% fewer repos than Algorand
Commits
Optimism has 4.81X more commits than Algorand
Stars
Optimism has 2.5X more stars than Algorand
Watchers
Optimism has 1.14X more watchers than 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.