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Description
Create Ethereum-compatible smart contracts using various popular programming languages and execute them at a significantly higher speed on Substrate. This initiative operates under a decentralized, open-source business model that is financed by developer treasuries across participating blockchains. All current Ethereum smart contracts can be seamlessly executed on ParaState’s Ewasm VM (Pallet SSVM) without requiring any modifications. By supporting over 20 programming languages, ParaState enhances the developer ecosystem for creating Ethereum-compatible smart contracts. This includes widely-used languages like Solidity, Fe, Rust, and JavaScript, along with domain-specific languages (DSLs) such as MOVE, DeepSEA, and Marlowe. Substrate-based blockchains, including those within the Polkadot network, already experience a much greater transactions per second (TPS) rate compared to Ethereum. However, for a smart contract platform, the efficiency of compute performance is prioritized over TPS throughput. Experience the advantages by deploying smart contracts on ParaState and witness the enhanced capabilities firsthand.
Description
Rootstock stands out as an innovative Bitcoin sidechain that combines the advanced smart contract functionality of Ethereum with the unparalleled security of Bitcoin. Operating as an open-source platform, it utilizes Bitcoin's proof-of-work consensus mechanism, tapping into over 60% of Bitcoin's hashing power through merged mining to ensure its reliability. This synergy allows developers to create EVM-compatible smart contracts, paving the way for decentralized applications that benefit from the strength of Bitcoin's network security. The native currency of Rootstock, known as RBTC, is maintained at a 1:1 peg with Bitcoin, which simplifies interactions with decentralized finance (DeFi) protocols and dApps on the Rootstock ecosystem, facilitating processes like minting, swaps, and the payment of gas fees. Additionally, the PowPeg protocol plays a crucial role in guaranteeing secure and efficient two-way transactions between Bitcoin and Rootstock, significantly improving interoperability between the two networks. Within Rootstock's expanding ecosystem, users can engage in a variety of applications, including swapping and staking through platforms such as Sushi, optimizing yields with Beefy, and trading on Oku, demonstrating the platform's versatility and appeal. As a result, Rootstock offers a comprehensive environment that empowers developers and users alike to harness the full potential of blockchain technology.
API Access
Has API
API Access
Has API
Integrations
Ethereum
MetaMask
Uniswap
Alchemy
Arbitrum
Base
Bitcoin
Brave Browser
Brave Search
Built2Buy
Integrations
Ethereum
MetaMask
Uniswap
Alchemy
Arbitrum
Base
Bitcoin
Brave Browser
Brave Search
Built2Buy
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
ParaState
Founded
2020
Website
www.parastate.io
Vendor Details
Company Name
Rootstock
Founded
2018
Website
rootstock.io