Taraxa vs Abstract

Taraxa vs Abstract Scalability

Real-time TPS

Chainspect

Taraxa TPS is 704.8 tx/s, while Abstract has no data

Taraxa logo
704.8 tx/s
A

Max TPS (100 blocks)

Chainspect

Taraxa max TPS is 4,906 tx/s, while Abstract has no data

Taraxa logo
4,906 tx/s
A

Max Theoretical TPS

Chainspect

Taraxa max theoretical TPS is 50,000 tx/s, while Abstract has no data

Taraxa logo
50,000 tx/s
A

Transaction Volume

Chainspect

Taraxa transaction volume is 2,537,138 txns, while Abstract has no data

Taraxa logo
2,537,138 txns
A

Block Time

Chainspect

Taraxa block time is 3.55s, while Abstract has no data

Taraxa logo
3.55s
A

Finality

Chainspect

Taraxa finality is 0s, while Abstract has no data

Taraxa logo
0s
A

Type

Chainspect

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

Taraxa logo
Layer 1 blockchain
A

Launch Date

Chainspect

Taraxa was launched on Apr 3, 2023, while the Abstract has no data

Taraxa logo
Apr 3, 2023
A

Taraxa vs Abstract Decentralization New

Nakamoto Coefficient

Chainspect

Taraxa Nakamoto Coefficient is 13, while Abstract has no data

Taraxa logo
13
A

Validators/Miners

Chainspect

Taraxa has 87 validators, while Abstract has no data

Taraxa logo
87
A

Stake/Hashrate

Chainspect

Taraxa stake is $5.626M, while Abstract has no data

Taraxa logo
$5.626M
A

Consensus Mechanism

Chainspect

Taraxa is PoS, while Abstract has no data

Taraxa logo
Proof of Stake (PoS)
A

Governance

Chainspect

Taraxa governance is council, while Abstract has no data

Taraxa logo
Council
A

Other 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.

Blockchains Socials

Taraxa Socials

Abstract Socials