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Abstract

Abstract is a consumer-focused blockchain powered by cutting-edge ZK cryptography for consumer crypto, pioneering culture, community, and creativity onchain. Its mission is to build the world's biggest onchain community, driven by the culture economy, leveraging ZK Stack and EigenDA to provide cheap, fast, and secure transactions. Abstract was invented by individuals who launched and scaled Pudgy Penguins, Ethereum, and Kubernetes.

What is Abstract?

Abstract is a Layer 2 network built on Ethereum, designed to securely power consumer-facing blockchain applications at scale with low fees and fast transaction speeds. It leverages zero-knowledge (ZK) rollup technology to achieve scalability by executing transactions off-chain, batching them together, and verifying batches on Ethereum using ZK proofs. Abstract is EVM compatible, meaning most existing smart contracts built for Ethereum will work on Abstract with minimal changes.

How Does Abstract Work?

Abstract utilizes zero-knowledge rollup (ZK rollup) technology to improve scalability and reduce transaction costs. Multiple transactions are processed off-chain in batches and then recorded on the Ethereum mainnet using cryptographic proofs. These zero-knowledge proofs confirm the validity of each batch without revealing sensitive data or requiring full on-chain execution.

What Makes Abstract Unique?

Abstract stands out by combining Ethereum’s secure, decentralized infrastructure with enhanced transaction speeds and lower costs. Its compatibility with Ethereum ensures a smooth transition for projects and users migrating to Layer 2 while maintaining the reliability of the Ethereum ecosystem. Additionally, Abstract integrates account abstraction, simplifying the use of digital wallets and making the blockchain experience more accessible, even for beginner users.

Who Are the Founders of Abstract?

Abstract was developed by Igloo Inc., the company behind the famous Pudgy Penguins NFT collection, in collaboration with Cube Labs. This partnership aims to strengthen the Abstract community and attract both users and developers to the platform.

Latest News

What Key Events Have There Been for Abstract?

In June 2024, Abstract secured $11 million in funding to facilitate the onboarding of billions of new users onto the blockchain. The mainnet launch occurred on January 28, 2025, marking a significant milestone in making cryptocurrency more accessible to a broader audience.

Project Announcements

Abstract has introduced several solutions to obstacles that have historically hindered mass crypto adoption. One of its key innovations, the Abstract Global Wallet, enables users to participate in blockchain activities with just an email address, removing the complexity of secret recovery phrases and reducing barriers to entry for new users.

Upcoming Events

Latest Airdrop

As of now, there is no publicly announced airdrop for Abstract. Users are encouraged to stay updated through official channels for any future announcements.

Projects Announcements

Where to Buy Abstract?

As of now, Abstract has not released a native token. Users are encouraged to stay updated through official channels for any future announcements regarding token availability.

Abstract Price

Daily Trading Volume

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Market Cap and Valuation

Market Cap

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Abstract Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding Abstract's token price, as the token has not been released yet.

FAQ

What is the Purpose of Abstract?

How Can I Participate in Abstract's Ecosystem?

What Sets Abstract Apart from Competitors?

Is Abstract Secure?

What are the Risks Associated with Abstract?

Community Sentiment

24.44K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.