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- Phala Network vs Abstract
Phala Network 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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Phala Network 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
Phala Network Comparisons
About Blockchains
About Phala Network
Phala Network tackles the issue of trust in the computation cloud.
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.