Cronos vs Abstract Scalability
Real-time TPS
Cronos TPS is 1.93 tx/s, while Abstract has no data
Max TPS (100 blocks)
Cronos max TPS is 141.7 tx/s, while Abstract has no data
Max Theoretical TPS
Cronos max theoretical TPS is 5,390 tx/s, while Abstract has no data
Transaction Volume
Cronos transaction volume is 6,953 txns, while Abstract has no data
Block Time
Cronos block time is 0.53s, while Abstract has no data
Finality
Cronos finality is 0s, while Abstract has no data
Type
Cronos is a layer 1 blockchain, while Abstract has no data
Launch Date
Cronos was launched on Nov 8, 2021, while the Abstract has no data
Cronos vs Abstract Decentralization New
Nakamoto Coefficient
Cronos Nakamoto Coefficient is 4, while Abstract has no data
Validators/Miners
Cronos has 100 validators, while Abstract has no data
Stake/Hashrate
Cronos stake is $1.65B, while Abstract has no data
Consensus Mechanism
Cronos is PoS, while Abstract has no data
Governance
Cronos governance is on-chain, while Abstract has no data
Other Comparisons
Cronos Comparisons
About Blockchains
About Cronos
Cronos emerges as an interoperable blockchain, streamlining the migration of applications and crypto assets from various chains while prioritizing low transaction costs, rapid throughput, and fast finalization times. It operates as an Ethereum Virtual Machine (EVM)-compatible chain, augmented with support for Inter-Blockchain Communications (IBC) networks based on the Cosmos SDK. This integration empowers developers to create and launch dApps atop the EVM infrastructure.
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.