Areon vs Abstract 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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Areon vs Abstract 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
Areon Comparisons
About Blockchains
About Areon
Areon Chain is a revolutionary Layer-1 blockchain that sets new standards in the crypto world with its groundbreaking speed and security. Utilizing the unique "Proof of AREA" algorithm, Areon Chain successfully merges security and speed. Within the system, validator and delegator mechanisms exist, encouraging wider community participation and enhancing the overall robustness of the network.
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.