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    Optimism Network Speed & Comparison

    Introduction

    In this research, we delve into Optimism's transaction speed with metrics such as transactions per minute (TPM) and successful transactions per minute (STPM), and compare it with other popular blockchains, including Ethereum, Solana, and Flow.

    We will analyze and compare the transaction speeds of these blockchains, along with their success rates of transactions, to provide insights into their performance and scalability. Additionally, we will explore the popular protocols and transaction events associated with Optimism to understand the use cases and applications driving transaction activity.

    Disclaimer: To reflect the freshness, in this analysis, we will calculate only the transactions starting from 2022 only

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    Technical terms and equations:

    TPM = Total number of transactions / Total time (in minutes)

    STPM = Number of successful transactions confirmed / Total time (in minutes)

    Successful TXs (%) = STPM / TPM * 100