Abstract vs Ethereum Scalability
Real-time TPS
Abstract has no data, while Ethereum TPS is 19.02 tx/s
Max TPS (100 blocks)
Abstract has no data, while Ethereum max TPS is 62.34 tx/s
Max Theoretical TPS
Abstract has no data, while Ethereum max theoretical TPS is 119.1 tx/s
Transaction Volume
Abstract has no data, while Ethereum transaction volume is 68,486 txns
Block Time
Abstract has no data, while Ethereum block time is 12.29s
Finality
Abstract has no data, while Ethereum finality is 12m 48s
Type
Abstract has no data, while Ethereum is a layer 1 blockchain
Launch Date
Abstract has no data, while Ethereum was launched on Jul 30, 2015
Abstract vs Ethereum Decentralization New
Nakamoto Coefficient
Abstract has no data, while Ethereum Nakamoto Coefficient is 2
Validators/Miners
Abstract has no data, while Ethereum has 1,086,000 validators
Stake/Hashrate
Abstract has no data, while Ethereum stake is $153.2B
Consensus Mechanism
Abstract has no data, while Ethereum is PoS
Governance
Abstract has no data, while Ethereum governance is off-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 Ethereum
Ethereum emerges as a decentralized, open-source blockchain platform empowering developers to craft and deploy smart contracts alongside dApps. Pioneering the smart contract concept, Ethereum enables self-executing agreements with terms directly encoded into its blockchain, eliminating the need for intermediaries. Additionally, Ethereum serves as a hub for the creation and exchange of NFTs (Non-Fungible Tokens) and various digital assets. Its intrinsic cryptocurrency, Ether (ETH), facilitates network transactions and incentivizes miners to uphold network security. Ethereum's evolution to Ethereum 2.0 introduces a proof-of-stake (PoS) mechanism, aiming to enhance scalability and energy efficiency.