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Abstract vs Bitcoin Scalability

Real-time TPS (1H)

Abstract has no data, while Bitcoin TPS is 7.23 tx/s

Abstract logo
Bitcoin logo
7.23 tx/s

Data from Chainspect

Max TPS (100 blocks)

Abstract has no data, while Bitcoin max TPS is 13.2 tx/s

Abstract logo
Bitcoin logo
13.2 tx/s

Data from Chainspect

Max Theoretical TPS

Abstract has no data, while Bitcoin max theoretical TPS is 7 tx/s

Abstract logo
Bitcoin logo
7 tx/s

Data from Chainspect

Transaction Volume (1H)

Abstract has no data, while Bitcoin transaction volume is 13.6K txns

Abstract logo
Bitcoin logo
13.6K txns

Data from Chainspect

Block Time (1H)

Abstract has no data, while Bitcoin block time is 10m 27s

Abstract logo
Bitcoin logo
10m 27s

Data from Chainspect

Finality

Abstract has no data, while Bitcoin finality is 1h

Abstract logo
Bitcoin logo
1h

Data from Chainspect

Type

Abstract has no data, while Bitcoin is a layer 1 blockchain

Abstract logo
Bitcoin logo
Layer 1 blockchain

Data from Chainspect

Total Transactions (All time)

Abstract has no data, while Bitcoin has 1.39B total transactions

Abstract logo
Bitcoin logo
1.39B txns

Data from Chainspect

Launch Date

Abstract has no data, while Bitcoin was launched on Jan 3, 2009

Abstract logo
Bitcoin logo
Jan 3, 2009

Data from Chainspect

Abstract vs Bitcoin Decentralization

Nakamoto Coefficient

Abstract has no data, while Bitcoin Nakamoto Coefficient is 3

Abstract logo
Bitcoin logo
3

Data from Chainspect

Validators/Miners

Abstract has no data, while Bitcoin has 138 miners

Abstract logo
Bitcoin logo
138

Data from Chainspect

Stake/Hashrate

Abstract has no data, while Bitcoin hashrate is 1.06K EH/s

Abstract logo
Bitcoin logo
1.06K EH/s

Data from Chainspect

Consensus Mechanism

Abstract has no data, while Bitcoin is PoW

Abstract logo
Bitcoin logo
Proof of Work (PoW)

Data from Chainspect

Governance

Abstract has no data, while Bitcoin governance is off-chain

Abstract logo
Bitcoin logo
Off-chain

Data from Chainspect

Abstract vs Bitcoin Developer Activity

Developers

Abstract has no data, while Bitcoin has 1,988 developers

Abstract logo
Bitcoin logo
1,988

Data from Chainspect

Commits

Abstract has no data, while Bitcoin has 123,660 commits

Abstract logo
Bitcoin logo
123,660

Data from Chainspect

Repos

Abstract has no data, while Bitcoin has 23 repos

Abstract logo
Bitcoin logo
23

Data from Chainspect

Stars

Abstract has no data, while Bitcoin has 107,606 stars

Abstract logo
Bitcoin logo
107,606

Data from Chainspect

Watchers

Abstract has no data, while Bitcoin has 5,629 watchers

Abstract logo
Bitcoin logo
5,629

Data from Chainspect

Abstract vs Bitcoin Financials New

Chain Revenue

Abstract has no data, while Bitcoin chain revenue is $134.4K

Abstract logo
Bitcoin logo
$134.4K

Data from Chainspect

Average Transaction Fee

Abstract has no data, while Bitcoin average transaction fee is $0.1767

Abstract logo
Bitcoin logo
$0.1767

Data from Chainspect

Market Cap

Abstract has no data, while Bitcoin market cap is $1.279T

Abstract logo
Bitcoin logo
$1.279T

Data from Chainspect

FDV

Abstract has no data, while Bitcoin FDV is $1.339T

Abstract logo
Bitcoin logo
$1.339T

Data from Chainspect

Market Cap / FDV

Abstract has no data, while Bitcoin Market Cap to FDV ratio is 95.50%

Abstract logo
Bitcoin logo
95.50%

Data from Chainspect

Price

Abstract has no data, while Bitcoin price is $63,750

Abstract logo
Bitcoin logo
$63,750

Data from Chainspect

Other 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.

Blockchains Socials

Abstract Socials

Bitcoin Socials

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