Arbitrum (ARB) vs Optimism (OP) vs Polygon (MATIC): Which Is Best? (2024)

Summary

Feature Arbitrum Optimism Polygon
Mainnet Ethereum Ethereum Ethereum
L2 Type Optimistic Rollup Optimistic Rollup Sidechain, ZK Rollup
Token ARB OP MATIC, POL
Use Case Efficient Transactions Compatible with EVM High Volume Applications
Pros Speed, Low Fees EVM Compatibility Functionality, ZK Security
Cons Challenge Period Limited Languages Complexity for Users

Arbitrum (ARB) vs Optimism (OP) vs Polygon (MATIC): Which Is Best? (1)

Arbitrum, Optimism & Polygon: Layer 2 Solutions for Ethereum

The Ethereum blockchain has successfully upgraded to adopt the Proof of Stake (PoS) consensus algorithm, but many decentralized applications (dapps) still prefer layer 2 solutions to achieve greater scalability and performance.

🍒 Layer 1 vs Layer 2: Blockchain Scalability Guide

Arbitrum, Optimism, and Polygon are Ethereum’s blockchain’s most popular layer 2 solutions, although Polygon has lost market share due to rise of the likes of Base, Blast, Linea, or zkSync Era. However, in terms of market cap, their native cryptocurrencis still account for almost 60% of the layer 2 sector, as tracked by Coinmarketcap

The three networks significantly impact decentralized finance (DeFi) by collectively holding approximately 4% of the total value locked (TVL) in the sector.

Arbitrum (ARB) vs Optimism (OP) vs Polygon (MATIC): Which Is Best? (2)

Source: DeFiLlama

Arbitrum and Polygon host over 500 DeFi protocols each, while Optimism is used by over 200 dapps.

All three layer 2s settle Ethereum transactions off-chain, but their methods differ. Here’s how 👇.

Arbitrum (ARB)

  • Name: Arbitrum
  • Token: ARB
  • Mainnet: Ethereum
  • L2 Type: Optimstic Rollup

How Does Arbitrum Work?

Arbitrum uses so-called optimistic rollups to merge transactions into batches and verify them outside of the Ethereum network.

🍒 7 Best Layer 2 Crypto Coins in 2024

They’re called optimistic because all transactions carried out on Arbitrum are treated as valid immediately. However, there is a challenge period to filter out bad transactions. Users are able to dispute any transaction by posting fraud proof up to seven days after execution.

This approach enables Arbitrum to achieve greater efficiency.

Arbitrum Ecosystem

Arbitrum offers two L2 chains:

  • Arbitrum One is the Optimistic Rollup mainnet. It runs transactions on the Arbitrum Virtual Machine (AVM) extension, which is compatible with the Ethereum Virtual Machine (EVM).With the Nitro upgrade, this Optimistic Rollup chain improved its speed and reduced gas fees.
  • Arbitrum Nova is also built with Nitro and is specially developed for dapps like gaming, social, and non-fungible token (NFT) projects which come with high transaction volumes and demand very low transaction fees. This is achieved using the AnyTrust model, which is not an Optimistic Rollup protocol. In exchange for lower fees, its data availability is managed by a fixed permissioned set of entities called “Data Availability Committee (DAC).”

Developers can use Arbitrum Orbit to create customized Rollup or AnyTrust chains, being able to configure parameters like throughput, gas token, challenge period, and more.

Arbitrum (ARB) vs Optimism (OP) vs Polygon (MATIC): Which Is Best? (3)

Source: Arbitrum

Arbitrum (ARB) vs Optimism (OP) vs Polygon (MATIC): Which Is Best? (2024)

FAQs

Arbitrum (ARB) vs Optimism (OP) vs Polygon (MATIC): Which Is Best? ›

Much depends on the nature of the project and the needs of its users. As it stands, Arbitrum is the most popular Optimistic rollup solution, while Polygon is used for its ZK rollup network and greater functionality. Arbitrum has the largest share across DeFi, while Polygon is preferred by NFT projects.

Is arb better than matic? ›

Conclusion. Summary of key findings from the comparison of ARB and MATIC tokens. The diagram clearly shows that from the point of view of on-chain metrics, the latest dynamics of development of the Arbitrum blockchain platform look much more preferable than the Polygon platform.

Is a Polygon better than an arbitrum? ›

While both aim to enhance the Ethereum ecosystem, their distinct methodologies and focus areas cater to different needs within the developer community. Polygon's diverse array of scaling solutions offers flexibility, whereas Arbitrum's streamlined approach focuses on Optimistic Rollups for simplicity and efficiency.

Which is better, arbitrum or Optimism? ›

However, the system is different for Arbitrum, which takes more time to process transactions but in a more cost-effective way. Hence, on technical grounds, Optimism provides a faster transaction method while Arbitrum makes room for cheaper transactions.

Is Optimism better than Polygon? ›

Difference between Polygon and Optimism:

While Optimism makes use of Optimistic Rollups, Polygon uses a combination of sidechains, Plasma, and PoS to accomplish scalability. As a result, Polygon is able to handle more transactions per second than Optimism, but its transactions are also less secure than Optimism's.

Which ARB is best for kidneys? ›

Olmesartan is more effective in reducing urinary protein than other ARBs, suggesting that the renal protective effects of olmesartan may be better than those of other ARBs.

What is the most preferred ARB? ›

Losartan (Cozaar) is the most commonly used ARB. But there are other options, including olmesartan (Benicar), telmisartan (Micardis), and valsartan (Diovan). Losartan may be the least expensive ARB. GoodRx can help you save over 80% off the average retail price of generic losartan.

What are the disadvantages of arbitrum? ›

High degree of centralization: Arbitrum's security depends on its operators, which may lead to risks of centralization.

Can I bridge from Polygon to arbitrum? ›

Create the asset transfer

The last step in bridging your digital assets is going to be initiating the actual transfer itself. So, once you go into the bridging platform, you want to select the assets that you want to transfer from the Polygon network to the Arbitrum network.

Which Polygon is the strongest Polygon? ›

Answer and Explanation: In a nutshell, triangles are the strongest polygon because their sides are rigid. This means that if pressure is applied to a triangle, the sides stay put, whereas with other polygons, this isn't always the case.

Can Optimism coin reach $10? ›

It might do but, according to technical analysis, it may happen at the beginning of the next decade. Keep in mind that Optimism has never traded at $10 before, with its highest price of $4.7033, reached on March 10, 2024.

Should I invest in Arbitrum? ›

Arbitrum has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Cryptocurrency ratings for Arbitrum are calculated daily based on our scoring framework.

What is the difference between op and arb coin? ›

The main technical difference between the two chains is that Optimism uses single-round fraud proofs while Arbitrum uses multi-round fraud proofs. In normal English, this means Optimism's method is faster but potentially more expensive due to higher gas fees because it's executed on the L1.

Is arbitrum better than Polygon? ›

Much depends on the nature of the project and the needs of its users. As it stands, Arbitrum is the most popular Optimistic rollup solution, while Polygon is used for its ZK rollup network and greater functionality. Arbitrum has the largest share across DeFi, while Polygon is preferred by NFT projects.

What is better than Optimism? ›

Realists with grounded expectations reported better psychological health than extreme optimists or pessimists. Pessimists showed 37.2% more psychological distress compared to realists, and even optimists weren't spared, showing an 11.8% increase.

Does Polygon have a good future? ›

According to our current Polygon price prediction, the price of Polygon is predicted to rise by 14.34% and reach $ 0.466418 by September 5, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 29 (Fear).

Is there a better ARB than losartan? ›

There are studies that show that valsartan at doses of 160 mg and 320 mg are more effective in reducing blood pressure than losartan at doses of 100 mg.

Is ARB coin a good investment? ›

Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 20 (Extreme Fear). Arbitrum recorded 13/30 (43%) green days with 11.80% price volatility over the last 30 days. Based on the Arbitrum forecast, it's now a bad time to buy Arbitrum.

Do ARBs work better than ACE inhibitors? ›

All ACE inhibitors and ARBs are considered equally effective. This means they all work about the same as each other.

What is the rank of ARB coin? ›

Today's price of ARB is $0.613437, with a 24-hour trading volume of $273.60M. ARB is +1.88% in the last 24 hours, with a circulating supply of 3.34B ARB coins and a maximum supply of 10.00B ARB coins. ARB ranks 42 by market cap.

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