Abstract vs THA Chain

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.

Transactional Hash Asset (THA) revolutionizes the cryptocurrency landscape by reducing blockchain energy costs by a factor of 10¹⁴ while improving security by over 150%. Its innovative POW+POS+POT mechanism ensures a balanced and equitable ecosystem, democratizing mining by reducing the necessary hardware to a basic computer, even if it’s over 10 years old. Join us in shaping the future of fair, accessible, and sustainable digital finance.