- Compare
- Celo vs Abstract
Celo vs Abstract Scalability
Real-time TPS
Celo TPS is 30.72 tx/s, while Abstract has no data
Max TPS (100 blocks)
Celo max TPS is 268.1 tx/s, while Abstract has no data
Max Theoretical TPS
Celo max theoretical TPS is 476.2 tx/s, while Abstract has no data
Transaction Volume
Celo transaction volume is 110,599 txns, while Abstract has no data
Block Time
Celo block time is 1s, while Abstract has no data
Finality
Celo finality is 24m 48s, while Abstract has no data
Type
Celo is a layer 2 blockchain, while Abstract has no data
Launch Date
Celo was launched on Apr 22, 2020, while the Abstract has no data
Celo vs Abstract Decentralization New
Nakamoto Coefficient
Celo Nakamoto Coefficient is 1, while Abstract has no data
Validators/Miners
Celo has 1 validators, while Abstract has no data
Stake/Hashrate
Celo and Abstract have no data
Consensus Mechanism
Celo is Rollup (Optimistic), while Abstract has no data
Governance
Celo governance is on-chain, while Abstract has no data
Other Comparisons
Celo Comparisons
About Blockchains
About Celo
Celo stands as a blockchain ecosystem with a mission to foster cryptocurrency adoption among smartphone users globally. Utilizing phone numbers as public keys, Celo aims to onboard billions of smartphone owners, including those lacking traditional banking access, into cryptocurrency transactions. The platform is engineered to offer a comprehensive range of stablecoins, decentralized identification solutions, and other resources, empowering both users and developers alike.
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.