Abstract vs Electra Protocol Scalability
Real-time TPS
Abstract and Electra Protocol have no data
Max TPS (100 blocks)
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Max Theoretical TPS
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Transaction Volume
Abstract and Electra Protocol have no data
Block Time
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Finality
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Type
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Launch Date
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Abstract vs Electra Protocol Decentralization New
Nakamoto Coefficient
Abstract and Electra Protocol have no data
Miners
Abstract and Electra Protocol have no data
Hashrate
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Consensus Mechanism
Abstract and Electra Protocol have no data
Governance
Abstract and Electra Protocol have no data
Other Comparisons
Abstract Comparisons
Electra Protocol 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 Electra Protocol
Electra Protocol is an ecosystem for near real-time transactions at almost no cost. Upcoming features include multicurrency payments and smart contracts that will empower anyone to create their own solutions. Simply put: Instant payments without needing a bank account.