Abstract vs Celo Scalability
Real-time TPS
Abstract has no data, while Celo TPS is 16.56 tx/s
Max TPS (100 blocks)
Abstract has no data, while Celo max TPS is 268.1 tx/s
Max Theoretical TPS
Abstract has no data, while Celo max theoretical TPS is 476.2 tx/s
Transaction Volume
Abstract has no data, while Celo transaction volume is 59,616 txns
Block Time
Abstract has no data, while Celo block time is 1s
Finality
Abstract has no data, while Celo finality is 24m 48s
Type
Abstract has no data, while Celo is a layer 2 blockchain
Launch Date
Abstract has no data, while Celo was launched on Apr 22, 2020
Abstract vs Celo Decentralization New
Nakamoto Coefficient
Abstract has no data, while Celo Nakamoto Coefficient is 1
Validators/Miners
Abstract has no data, while Celo has 1 validators
Stake/Hashrate
Abstract and Celo have no data
Consensus Mechanism
Abstract has no data, while Celo is Rollup (Optimistic)
Governance
Abstract has no data, while Celo governance is on-chain
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 Celo
Celo stands as a blockchain ecosystem with a mission to foster cryptocurrency adoption among smartphone users globally. Utilizing phone numbers as public keys, Celo aims to onboard billions of smartphone owners, including those lacking traditional banking access, into cryptocurrency transactions. The platform is engineered to offer a comprehensive range of stablecoins, decentralized identification solutions, and other resources, empowering both users and developers alike.