Abstract vs IOTA

Abstract vs IOTA Scalability

Real-time TPS

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Max TPS (100 blocks)

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Max Theoretical TPS

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Transaction Volume

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Block Time

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Finality

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Type

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Launch Date

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Abstract vs IOTA Decentralization New

Nakamoto Coefficient

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Miners

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Hashrate

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Consensus Mechanism

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Governance

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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 IOTA

IOTA is the first distributed ledger built for the “Internet of Everything” - a network for exchanging value and data between humans and machines.

Blockchains Socials

Abstract Socials

IOTA Socials