These charts show the daily variation and distribution of the average transactions fee paid by users according to different blockchains.

• The daily variation of the average transactions fee paid by users for all the blockchains shows a rather fluctuating trend.
• The distribution of the average transactions fee paid by users for different blockchains that have been investigated in this review is as follows:
  • Ethereum: 69.8%
  • Optimism: 14.8%
  • Arbitrum: 13.3%
  • Polygon: 2.07%

These charts show the daily variation and distribution of the block numbers according to different blockchains.

• The daily variation of the block numbers for Optimism and Arbitrum shows a rather similar increasing trend.
• The daily variation of the block numbers for Polygon and Ethereum is also rather similar and their trend is rather constant.
• The distribution of the block numbers for different blockchains that have been investigated in this review is as follows:
  • Optimism: 24.75M, 45.8%
  • Arbitrum: 22.41M, 41.5%
  • Polygon: 5.85M, 10.8%
  • Ethereum: 1.82%

These charts show the daily variation and distribution of the block numbers per minute according to different blockchains.

• The daily variation of the block numbers per minute for Optimism and Arbitrum shows a rather similar increasing trend.
• The daily variation of the block numbers per minute for Polygon and Ethereum is also rather similar and their trend is rather constant.
• The distribution of the block numbers per minute for different blockchains that have been investigated in this review is as follows:
  • Optimism: 111.59, 45.8%
  • Arbitrum: 101.04, 41.5%
  • Polygon: 26.38, 10.8%
  • Ethereum: 1.82%

These charts show the daily variation and distribution of the transactions number according to different blockchains.

• The daily variation of the transactions number for Optimism, Arbitrum, and Ethereum shows a rather similar constant trend.
• The daily variation of the transactions number for Polygon shows a rather fluctuating trend.
• The distribution of the transactions number for different blockchains that have been investigated in this review is as follows:
  • Polygon: 423.11M, 64.1%
  • Ethereum: 171.50M, 26%
  • Arbitrum: 41.10M, 6.22%
  • Optimism: 24.75M, 3.75%

These charts show the daily variation and distribution of the transactions number per block according to different blockchains.

• The daily variation of the transactions number per block for all blockchains shows a rather similar constant trend.
• The distribution of the transactions number per block for different blockchains that have been investigated in this review is as follows:
  • Ethereum: 174.93, 69.9%
  • Polygon: 72.32, 28.9%
  • Arbitrum: 0.733%
  • Optimism: 0.4%

These charts show the daily variation and distribution of the transactions number per second according to different blockchains.

• The daily variation of the transactions number per second for all blockchains shows a rather similar constant trend.
• The distribution of the transactions number per second for different blockchains that have been investigated in this review is as follows:
  • Polygon: 31.8, 64.1%
  • Ethereum: 12.9, 26%
  • Arbitrum: 3.09, 6.22%
  • Optimism: 1.86, 3.75%

These charts show the daily variation and distribution of the average block gas fee according to different blockchains.

• The daily variation of the average block gas fee for all blockchains shows a rather similar constant trend.
• The distribution of the average block gas fee for different blockchains that have been investigated in this review is as follows:
  • Ethereum: 20.94M
  • Polygon: 16.35M
  • Arbitrum: 834.26K
  • Optimism: 820.17K

These charts show the daily variation and distribution of the block size according to different blockchains.

• The daily variation of the block size for Ethereum and Polygon shows a rather similar fluctuating trend.
• The daily variation of the block size for Arbitrum and Optimism shows a rather similar constant trend.
• The distribution of the block size for different blockchains that have been investigated in this review is as follows:
  • Ethereum: 110.79K, 59%
  • Polygon: 74.89K, 39.9%
  • Arbitrum: 0.625%
  • Optimism: 0.565%

These charts show the daily variation and distribution of the average price in USD according to different blockchains.

• The daily variation of the average price in USD for all the blockchains shows a rather similar fluctuating trend.
• The distribution of the average price in USD for different blockchains that have been investigated in this review is as follows:
  • Optimism: 1.456K
  • Ethereum: 1.442K
  • Arbitrum: 436K
  • Polygon: negligible

These charts show the daily variation and distribution of the average transactions fee according to different blockchains.

• The daily variation of the average transactions fee for all the blockchains except Ethereum shows a rather similar constant trend. This trend for Ethereum is rather fluctuating.
• The distribution of the average transactions fee for different blockchains that have been investigated in this review is as follows:
  • Ethereum: 96.9%
  • Optimism: 0.628%
  • Arbitrum: 0.966%
  • Polygon: 1.53%

Introduction

Optimism is a Layer 2 scaling solution for Ethereum. It helps reduce the transaction fee and transaction time on the Ethereum blockchain. Broadly speaking, Optimism helps solve Ethereum’s scalability dilemma. Scalability refers to the rate of transactions per second (TPS) on a blockchain network.

Optimism offers a scalable solution to the Ethereum network, which helps increase the speed of transactions on Ethereum without sacrificing decentralization and security. Optimism handles transactions off the Ethereum blockchain, while taking advantage of Ethereum's infrastructure. During a transaction, Optimism continues to communicate with Ethereum’s Layer 1 ensuring that it still offers similar security and decentralization guarantees. Layer 1 handles security, decentralization and data availability, while Optimism’s Layer 2 handles scaling. During the process, no changes are made to Layer 1. In a way, Optimism takes away the burden of financial transactions from Ethereum. The removal of this load from Ethereum’s blockchain removes network congestion. []

Methodology

In this dashboard, the following data has been employed in order to extract data to analyze:

optimism.core.fact_blocks

optimism.core.fact_transactions

ethereum.core.fact_hourly_token_prices

arbitrum.core.fact_blocks

arbitrum.core.fact_transactions

polygon.core.fact_blocks

polygon.core.fact_transactions

ethereum.core.fact_blocks        

ethereum.core.fact_transactions

Aim of this analysis:

This review aims to investigate Optimism during the month of July in terms of transactions, transactions fee, and users as well as their variations and trends. Moreover, a comparison between Optimism and other blockchains e.g. Arbitrum, Ethereum, and Polygon has been carried out.

This chart shows the daily variation of the users’ number according to different blockchains.

• The daily variation of the users’ number for Ethereum and Polygon shows a rather similar fluctuating trend.
• The daily variation of the users’ number for Arbitrum and Optimism shows a rather similar constant trend.

This chart shows the daily variation of the users’ number per day according to different blockchains.

• The daily variation of the users’ number per day for Ethereum and Polygon shows a rather similar fluctuating trend.
• The daily variation of the users’ number per day for Arbitrum and Optimism shows a rather similar constant trend.

Summary

• This review aims to investigate Optimism during the month of July in terms of transactions, transactions fee, and users as well as their variations and trends. Moreover, a comparison between Optimism and other blockchains e.g. Arbitrum, Ethereum, and Polygon has been carried out.
• The daily variation of the block numbers for Optimism and Arbitrum shows a rather similar increasing trend.
• The daily variation of the block numbers for Polygon and Ethereum is also rather similar and their trend is rather constant.
• The distribution of the block numbers for different blockchains that have been investigated in this review is as follows:
  • Optimism: 24.75M, 45.8%
  • Arbitrum: 22.41M, 41.5%
  • Polygon: 5.85M, 10.8%
  • Ethereum: 1.82%
• The daily variation of the block numbers per minute for Optimism and Arbitrum shows a rather similar increasing trend.
• The daily variation of the block numbers per minute for Polygon and Ethereum is also rather similar and their trend is rather constant.
• The distribution of the block numbers per minute for different blockchains that have been investigated in this review is as follows:
  • Optimism: 111.59, 45.8%
  • Arbitrum: 101.04, 41.5%
  • Polygon: 26.38, 10.8%
  • Ethereum: 1.82%
• The daily variation of the transactions number for Optimism, Arbitrum, and Ethereum shows a rather similar constant trend.
• The daily variation of the transactions number for Polygon shows a rather fluctuating trend.
• The distribution of the transactions number for different blockchains that have been investigated in this review is as follows:
  • Polygon: 423.11M, 64.1%
  • Ethereum: 171.50M, 26%
  • Arbitrum: 41.10M, 6.22%
  • Optimism: 24.75M, 3.75%
• The daily variation of the transactions number per block for all blockchains shows a rather similar constant trend.
• The distribution of the transactions number per block for different blockchains that have been investigated in this review is as follows:
  • Ethereum: 174.93, 69.9%
  • Polygon: 72.32, 28.9%
  • Arbitrum: 0.733%
  • Optimism: 0.4%
• The daily variation of the transactions number per second for all blockchains shows a rather similar constant trend.
• The distribution of the transactions number per second for different blockchains that have been investigated in this review is as follows:
  • Polygon: 31.8, 64.1%
  • Ethereum: 12.9, 26%
  • Arbitrum: 3.09, 6.22%
  • Optimism: 1.86, 3.75%
• The daily variation of the average block gas fee for all blockchains shows a rather similar constant trend.
• The distribution of the average block gas fee for different blockchains that have been investigated in this review is as follows:
  • Ethereum: 20.94M
  • Polygon: 16.35M
  • Arbitrum: 834.26K
  • Optimism: 820.17K
• The daily variation of the block size for Ethereum and Polygon shows a rather similar fluctuating trend.
• The daily variation of the block size for Arbitrum and Optimism shows a rather similar constant trend.
• The distribution of the block size for different blockchains that have been investigated in this review is as follows:
  • Ethereum: 110.79K, 59%
  • Polygon: 74.89K, 39.9%
  • Arbitrum: 0.625%
  • Optimism: 0.565%
• The daily variation of the users’ number for Ethereum and Polygon shows a rather similar fluctuating trend.
• The daily variation of the users’ number for Arbitrum and Optimism shows a rather similar constant trend.
• The daily variation of the users’ number per day for Ethereum and Polygon shows a rather similar fluctuating trend.
• The daily variation of the users’ number per day for Arbitrum and Optimism shows a rather similar constant trend.
• The daily variation of the average price in USD for all the blockchains shows a rather similar fluctuating trend.
• The distribution of the average price in USD for different blockchains that have been investigated in this review is as follows:
  • Optimism: 1.456K
  • Ethereum: 1.442K
  • Arbitrum: 436K
  • Polygon: negligible
• The daily variation of the average transactions fee for all the blockchains except Ethereum shows a rather similar constant trend. This trend for Ethereum is rather fluctuating.
• The distribution of the average transactions fee for different blockchains that have been investigated in this review is as follows:
  • Ethereum: 96.9%
  • Optimism: 0.628%
  • Arbitrum: 0.966%
  • Polygon: 1.53%
• The daily variation of the average transactions fee paid by users for all the blockchains shows a rather fluctuating trend.
• The distribution of the average transactions fee paid by users for different blockchains that have been investigated in this review is as follows:
  • Ethereum: 69.8%
  • Optimism: 14.8%
  • Arbitrum: 13.3%
  • Polygon: 2.07%

Acknowledgment and supplementary Information

• I would like to show my sincere gratitude to the author of the following dashboard that helped me very much indeed to do my own analysis: *
• Author: NSA2000
• Twitter of the Author: @NSA2000C
• Discord of the Author: NSA2000#5651
• Data from FlipsideCrypto
• Link of this dashboard’s tweet:

Results and disscussion