Abstract vs Taraxa Scalability
Real-time TPS
Abstract has no data, while Taraxa TPS is 702 tx/s
Max TPS (100 blocks)
Abstract has no data, while Taraxa max TPS is 4,906 tx/s
Max Theoretical TPS
Abstract has no data, while Taraxa max theoretical TPS is 50,000 tx/s
Transaction Volume
Abstract has no data, while Taraxa transaction volume is 2,527,225 txns
Block Time
Abstract has no data, while Taraxa block time is 3.81s
Finality
Abstract has no data, while Taraxa finality is 0s
Type
Abstract has no data, while Taraxa is a layer 1 blockchain
Launch Date
Abstract has no data, while Taraxa was launched on Apr 3, 2023
Abstract vs Taraxa Decentralization New
Nakamoto Coefficient
Abstract has no data, while Taraxa Nakamoto Coefficient is 13
Validators/Miners
Abstract has no data, while Taraxa has 87 validators
Stake/Hashrate
Abstract has no data, while Taraxa stake is $5.626M
Consensus Mechanism
Abstract has no data, while Taraxa is PoS
Governance
Abstract has no data, while Taraxa governance is council
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 Taraxa
Taraxa is a purpose-built, fast, scalable, and device-friendly public ledger designed to track informal transactions to minimize confusion & disputes.