Abstract vs Telos Scalability
Real-time TPS
Abstract has no data, while Telos TPS is 0.65 tx/s
Max TPS (100 blocks)
Abstract has no data, while Telos max TPS is 13.3 tx/s
Max Theoretical TPS
Abstract has no data, while Telos max theoretical TPS is 15,200 tx/s
Transaction Volume
Abstract has no data, while Telos transaction volume is 2,354 txns
Block Time
Abstract has no data, while Telos block time is 0.5s
Finality
Abstract has no data, while Telos finality is 2m 6s
Type
Abstract has no data, while Telos is a layer 1 blockchain
Launch Date
Abstract has no data, while Telos was launched on Dec 12, 2018
Abstract vs Telos Decentralization New
Nakamoto Coefficient
Abstract has no data, while Telos Nakamoto Coefficient is 8
Validators/Miners
Abstract has no data, while Telos has 45 validators
Stake/Hashrate
Abstract has no data, while Telos stake is $4.082M
Consensus Mechanism
Abstract has no data, while Telos is PoS
Governance
Abstract has no data, while Telos 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 Telos
Telos is a blockchain platform built on EOSIO software, focusing on governance, scalability, and sustainability. It features transparent governance allowing token holders to participate in decision-making. With advanced resource management and a Delegated Proof-of-Stake consensus, Telos achieves high scalability. It emphasizes environmental consciousness and fosters a strong community of developers and users.