ICP vs Abstract

ICP vs Abstract Scalability

Real-time TPS

Chainspect

ICP TPS is 1,106 tx/s, while Abstract has no data

ICP logo
1,106 tx/s
A

Max TPS (100 blocks)

Chainspect

ICP max TPS is 25,621 tx/s, while Abstract has no data

ICP logo
25,621 tx/s
A

Max Theoretical TPS

Chainspect

ICP max theoretical TPS is 209,708 tx/s, while Abstract has no data

ICP logo
209,708 tx/s
A

Transaction Volume

Chainspect

ICP transaction volume is 3,982,706 txns, while Abstract has no data

ICP logo
3,982,706 txns
A

Block Time

Chainspect

ICP block time is 0.48s, while Abstract has no data

ICP logo
0.48s
A

Finality

Chainspect

ICP finality is 0s, while Abstract has no data

ICP logo
0s
A

Type

Chainspect

ICP is a layer 1 blockchain, while Abstract has no data

ICP logo
Layer 1 blockchain
A

Launch Date

Chainspect

ICP was launched on May 10, 2021, while the Abstract has no data

ICP logo
May 10, 2021
A

ICP vs Abstract Decentralization New

Nakamoto Coefficient

Chainspect

ICP Nakamoto Coefficient is 415, while Abstract has no data

ICP logo
415
A

Validators/Miners

Chainspect

ICP has 1,448 validators, while Abstract has no data

ICP logo
1,448
A

Stake/Hashrate

Chainspect

ICP stake is $1.181B, while Abstract has no data

ICP logo
$1.181B
A

Consensus Mechanism

Chainspect

ICP is Proof of Useful Work, while Abstract has no data

ICP logo
Proof of Useful Work
A

Governance

Chainspect

ICP governance is on-chain, while Abstract has no data

ICP logo
On-chain
A

Other Comparisons

About Blockchains

About ICP

The Internet Computer enables you to build anything without traditional IT and Big Tech. It hosts decentralized serverless compute that’s simpler, immune to cyber attack, unstoppable, and controllable by DAOs. Next-generation smart contracts (named Canisters) that hold both code and state enable truly Decentralized AI. Canisters use Chain Fusion technology to write transctions directly to other chains without centralized bridges, enabling secure multi-chain dapps. Build social, defi, games, e-commerce, enterprise or any kind of application or service on ICP. The internet is evolving.

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.

Blockchains Socials

ICP Socials

Abstract Socials