Compare Abstract vs Bitcoin
Open in ChatGPTAbstract vs Bitcoin Scalability
Real-time TPS (1H)
Abstract has no data, while Bitcoin TPS is 9.23 tx/s
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Max TPS (100 blocks)
Abstract has no data, while Bitcoin max TPS is 13.2 tx/s
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Max Theoretical TPS
Abstract has no data, while Bitcoin max theoretical TPS is 7 tx/s
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Transaction Volume (1H)
Abstract has no data, while Bitcoin transaction volume is 33.2K txns
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Block Time (1H)
Abstract has no data, while Bitcoin block time is 6m 54s
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Finality
Abstract has no data, while Bitcoin finality is 1h
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Type
Abstract has no data, while Bitcoin is a layer 1 blockchain
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Total Transactions
Abstract has no data, while Bitcoin has 1.28B total transactions
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Launch Date
Abstract has no data, while Bitcoin was launched on Jan 3, 2009
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Abstract vs Bitcoin Decentralization
Nakamoto Coefficient
Abstract has no data, while Bitcoin Nakamoto Coefficient is 4
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Validators/Miners
Abstract has no data, while Bitcoin has 127 miners
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Stake/Hashrate
Abstract has no data, while Bitcoin hashrate is 1.18K EH/s
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Consensus Mechanism
Abstract has no data, while Bitcoin is PoW
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Governance
Abstract has no data, while Bitcoin governance is off-chain
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Abstract vs Bitcoin Developer Activity
Developers
Abstract has no data, while Bitcoin has 1,899 developers
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Commits
Abstract has no data, while Bitcoin has 116,105 commits
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Repos
Abstract has no data, while Bitcoin has 22 repos
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Stars
Abstract has no data, while Bitcoin has 104,257 stars
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Watchers
Abstract has no data, while Bitcoin has 5,579 watchers
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Abstract vs Bitcoin Financials New
Chain Revenue
Abstract has no data, while Bitcoin chain revenue is $246.1K
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Average Transaction Fee
Abstract has no data, while Bitcoin average transaction fee is $0.5169
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Market Cap
Abstract has no data, while Bitcoin market cap is $1.839T
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FDV
Abstract has no data, while Bitcoin FDV is $1.935T
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Market Cap / FDV
Abstract has no data, while Bitcoin Market Cap to FDV ratio is 95.05%
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Price
Abstract has no data, while Bitcoin price is $92,150
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Other Comparisons
Abstract Comparisons
About Blockchains
About 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.
About Bitcoin
Bitcoin stands as a leading cryptocurrency and payment network, utilizing peer-to-peer technology to operate without central authorities. It embraces global participation as an open-source platform. A notable advancement in Bitcoin is the introduction of ordinals and inscriptions. Launched in January 2023, the Bitcoin ordinals protocol enables the embedding of digital content like art, text, or video directly onto the Bitcoin blockchain. This innovation allows for the creation of exclusive digital collectibles, giving each satoshi a unique identity and purpose, broadening Bitcoin's utility beyond its role as a store of value.