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- Taraxa vs Abstract
Taraxa vs Abstract Scalability
Real-time TPS
Taraxa TPS is 704.8 tx/s, while Abstract has no data
Max TPS (100 blocks)
Taraxa max TPS is 4,906 tx/s, while Abstract has no data
Max Theoretical TPS
Taraxa max theoretical TPS is 50,000 tx/s, while Abstract has no data
Transaction Volume
Taraxa transaction volume is 2,537,138 txns, while Abstract has no data
Block Time
Taraxa block time is 3.55s, while Abstract has no data
Finality
Taraxa finality is 0s, while Abstract has no data
Type
Taraxa is a layer 1 blockchain, while Abstract has no data
Launch Date
Taraxa was launched on Apr 3, 2023, while the Abstract has no data
Taraxa vs Abstract Decentralization New
Nakamoto Coefficient
Taraxa Nakamoto Coefficient is 13, while Abstract has no data
Validators/Miners
Taraxa has 87 validators, while Abstract has no data
Stake/Hashrate
Taraxa stake is $5.626M, while Abstract has no data
Consensus Mechanism
Taraxa is PoS, while Abstract has no data
Governance
Taraxa governance is council, while Abstract has no data
Other Comparisons
Taraxa Comparisons
About Blockchains
About Taraxa
Taraxa is a purpose-built, fast, scalable, and device-friendly public ledger designed to track informal transactions to minimize confusion & disputes.
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.