Compare Algorand vs Optimism

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Algorand vs Optimism Scalability

Real-time TPS (1H)

Algorand TPS is 48.52% lower than Optimism TPS

9.04 tx/s

17.56 tx/s

Data from Chainspect

Max TPS (100 blocks)

Algorand max TPS is 19X higher than Optimism max TPS

5,716 tx/s

295.7 tx/s

Data from Chainspect

Max Theoretical TPS

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

9,384 tx/s

714.3 tx/s

Data from Chainspect

Transaction Volume (1H)

Algorand transaction volume is 48.54% lower than Optimism transaction volume

32.5K txns

63.2K txns

Data from Chainspect

Block Time (1H)

Algorand block time is 1.38X longer than Optimism block time

2.76s

Data from Chainspect

Finality

Algorand finality is 100% shorter than Optimism finality

16m 48s

Data from Chainspect

Type

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

Layer 1 blockchain

Layer 2 blockchain

Data from Chainspect

Total Transactions (All time)

Algorand has 2.75X more total transactions than Optimism

3.47B txns

1.26B txns

Data from Chainspect

Launch Date

Algorand was launched 3 years before Optimism

Jun 12, 2019

Dec 16, 2021

Data from Chainspect

Algorand vs Optimism Decentralization

Nakamoto Coefficient

Algorand Nakamoto Coefficient is 12X higher than Optimism Nakamoto Coefficient

Data from Chainspect

Validators

Algorand has 1,536X more validators than Optimism

1,536

Data from Chainspect

Stake

Algorand stake is $171.4M, while Optimism has no data

$171.4M

—

Data from Chainspect

Consensus Mechanism

Algorand is Pure Proof of Stake, while Optimism is Rollup (Optimistic)

Pure Proof of Stake

Rollup (Optimistic)

Data from Chainspect

Governance

Algorand and Optimism governance are both on-chain

On-chain

Data from Chainspect

Algorand vs Optimism Developer Activity

Developers

Algorand has 84.25% fewer developers than Optimism

542

3,442

Data from Chainspect

Commits

Algorand has 76.08% fewer commits than Optimism

43,477

181,785

Data from Chainspect

Repos

Algorand has 1.93X more repos than Optimism

185

Data from Chainspect

Stars

Algorand has 61.36% fewer stars than Optimism

5,100

13,200

Data from Chainspect

Watchers

Algorand has 16.16% fewer watchers than Optimism

726

866

Data from Chainspect

Algorand vs Optimism Financials New

Chain Revenue

Algorand chain revenue is 95.88% lower than Optimism chain revenue

$58.7

$1.427K

Data from Chainspect

Average Transaction Fee

Algorand average transaction fee is 82.56% lower than Optimism average transaction fee

$0.0001392

$0.0007985

Data from Chainspect

Market Cap

Algorand market cap is 3.31X higher than Optimism market cap

$764.1M

$231M

Data from Chainspect

FDV

Algorand FDV is 1.96X higher than Optimism FDV

$852M

$434.8M

Data from Chainspect

Market Cap / FDV

Algorand Market Cap to FDV ratio is 1.69X higher than Optimism Market Cap to FDV ratio

89.69%

53.13%

Data from Chainspect

Price

Algorand price is 15.83% lower than Optimism price

$0.0852

$0.1012

Data from Chainspect

Algorand vs Optimism Real-time TPS Chart

Other Comparisons

Algorand Comparisons

Optimism 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.

Compare Algorand vs Optimism

Algorand vs Optimism Scalability

Real-time TPS (1H)

Max TPS (100 blocks)

Max Theoretical TPS

Transaction Volume (1H)

Block Time (1H)

Finality

Type

Total Transactions (All time)

Launch Date

Algorand vs Optimism Decentralization

Nakamoto Coefficient

Validators

Stake

Consensus Mechanism

Governance

Algorand vs Optimism Developer Activity

Developers

Commits

Repos

Stars

Watchers

Algorand vs Optimism Financials New

Chain Revenue

Average Transaction Fee

Market Cap

FDV

Market Cap / FDV

Price

Algorand vs Optimism Real-time TPS Chart

Other Comparisons

Algorand Comparisons

Optimism Comparisons

About Blockchains

About Algorand

About Optimism

Blockchains Socials

Algorand Socials

Optimism Socials