Abstract

Abstract is a Layer 2 (L2) network built on top of Ethereum, designed to securely power consumer-facing blockchain applications at scale with low fees and fast transaction speeds.

Built on top of the ZK Stack, Abstract is a zero-knowledge (ZK) rollup built to be a more scalable alternative to Ethereum; it achieves this scalability by executing transactions off-chain, batching them together, and verifying batches of transactions on Ethereum using (ZK) proofs.

Abstract is EVM compatible, meaning it looks and feels like Ethereum, but with lower gas fees and higher transaction throughput. Existing smart contracts built for Ethereum will work out of the box on Abstract (with some differences), meaning developers can easily port applications to Abstract with no or minimal changes.

Scalability Metrics:
Abstract has no data for TPS
Abstract has no data for Max TPS
Abstract has no data for Max Theoretical TPS
Abstract has no data for transaction volume
Abstract has no data for block time
Abstract has no date for finality
Abstract has no data for type
Abstract has no data for launch date

Decentralization Metrics:
Abstract has not data for consensus mechanism
Abstract has no data for governance