Optimism vs Algorand

Real-time TPS

Chainspect

Optimism TPS is 1.42X more than Algorand TPS

Optimism logo
16.44 tx/s
Algorand logo
11.56 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 1.42X more than Algorand total txns

Optimism logo
59,193 txns
Algorand logo
41,604 txns

Block Time

Chainspect

Optimism block time is 29.31% less than Algorand block time

Optimism logo
2s
Algorand logo
2.83s

Finality

Chainspect

Optimism finality is 100% more than Algorand finality

Optimism logo
16m
Algorand logo
0s

Nakamoto Coefficient

Chainspect

Optimism and Algorand nakamoto coefficient are both coming soon

Optimism logo
Soon
Algorand logo
Soon

Active Addresses

Chainspect

Optimism and Algorand active addresses are both coming soon

Optimism logo
Soon
Algorand logo
Soon

Governance

Chainspect

Optimism and Algorand governance are both coming soon

Optimism logo
On-chain
Algorand logo
On-chain

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

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