Emerging Blockchains for Developers
Blockchain technology has expanded beyond cryptocurrencies and is now impacting various industries. New, efficient blockchain networks and established ones are being continuously improved to address the ever-changing needs of Web3.
Horizen EON
Horizen EON is a fully EVM-compatible smart contract platform and Ethereum Virtual Machine (EVM) sidechain that facilitates effective dApp deployment within the Ethereum ecosystem. Its unique sidechain technology can handle tens of thousands of transactions per second.
Radix
Radix is a blockchain infrastructure designed for scalable and high-performance dApp development, with the Atom Model allowing for more efficient data and transaction processing. It also offers an on-network Developer Royalties scheme to reward developers.
Ethereum
Ethereum 2.0 has transitioned to Proof-of-Stake (PoS) and introduced shard chains, promising enhanced scalability, reduced energy consumption, and an increased focus on interoperability with other blockchain networks.
Solana
Solana is designed to be energy-efficient, fast, and cost-effective, featuring Proof of Stake, Proof of History, and Byzantine Fault Tolerance algorithms to ensure swift validation and fault tolerance, along with the ability to run multiple smart contracts concurrently.
Polkadot
Polkadot’s revolutionary approach to cross-blockchain communication and its Nominated Proof-of-Stake (NPoS) consensus architecture make it a prominent player in the blockchain ecosystem. It also promotes a sophisticated governance system and a program for developers of all levels.
Building on Top Blockchains
When choosing a blockchain for developing decentralized applications, it is essential to consider specific features that align with the needs of your project. However, the blockchains mentioned in this article provide a starting point for efficient development without exhausting research efforts.
Hot Take: The Best Blockchains for dApp Development
As the demand for capable and innovative blockchain networks continues to grow, developers must carefully consider their options when choosing the right platform for their dApps. Each of the blockchains mentioned in the article offers unique features and advantages for developers, making them top contenders for the next big decentralized application.
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