Abstract vs Cronos Scalability
Real-time TPS
Abstract has no data, while Cronos TPS is 1.77 tx/s
Max TPS (100 blocks)
Abstract has no data, while Cronos max TPS is 141.7 tx/s
Max Theoretical TPS
Abstract has no data, while Cronos max theoretical TPS is 5,390 tx/s
Transaction Volume
Abstract has no data, while Cronos transaction volume is 6,376 txns
Block Time
Abstract has no data, while Cronos block time is 0.53s
Finality
Abstract has no data, while Cronos finality is 0s
Type
Abstract has no data, while Cronos is a layer 1 blockchain
Launch Date
Abstract has no data, while Cronos was launched on Nov 8, 2021
Abstract vs Cronos Decentralization New
Nakamoto Coefficient
Abstract has no data, while Cronos Nakamoto Coefficient is 4
Validators/Miners
Abstract has no data, while Cronos has 100 validators
Stake/Hashrate
Abstract has no data, while Cronos stake is $1.65B
Consensus Mechanism
Abstract has no data, while Cronos is PoS
Governance
Abstract has no data, while Cronos 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 Cronos
Cronos emerges as an interoperable blockchain, streamlining the migration of applications and crypto assets from various chains while prioritizing low transaction costs, rapid throughput, and fast finalization times. It operates as an Ethereum Virtual Machine (EVM)-compatible chain, augmented with support for Inter-Blockchain Communications (IBC) networks based on the Cosmos SDK. This integration empowers developers to create and launch dApps atop the EVM infrastructure.