Top 10 Smart Contract Platforms by Revenue here are some of the top smart contract platforms by market capitalization and adoption: #Ethereum (ETH): Ethereum is widely considered the leading smart contract platform in the blockchain space, known for its robust ecosystem and developer community. #Binance Smart Chain (BSC): Binance Smart Chain is a blockchain platform developed by the popular cryptocurrency exchange Binance, offering smart contract functionality and high transaction throughput. #Cardano (ADA): Cardano is a blockchain platform known for its focus on sustainability, scalability, and security in developing smart contracts. #Solana (SOL): Solana is a high-performance blockchain platform that supports decentralized applications (DApps) and smart contracts, with a growing presence in the decentralized finance (DeFi) space. #Polkadot (DOT): Polkadot is a multi-chain blockchain platform that enables interoperability between different blockchains and supports the creation of custom smart contracts. #Avalanche (AVAX): Avalanche is a decentralized platform that supports the creation of custom blockchain networks and smart contracts, designed for high throughput and low latency. #Tezos (XTZ): Tezos is a self-amending blockchain platform that enables the creation of decentralized applications and smart contracts with a focus on on-chain governance. #Algorand (ALGO): Algorand is a scalable blockchain platform that supports smart contracts and decentralized applications with high performance and security features. #Tron (TRX): Tron is a blockchain platform known for its user-friendly approach to building decentralized applications and smart contracts, with a focus on entertainment and content creation. #NEO (NEO): NEO is a blockchain platform that supports the development of digital assets and smart contracts, with a focus on digital identity and asset management.
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Top 10 Cryptocurrencies For 2024 1. Bitcoin (BTC): The dominant cryptocurrency with unmatched market cap and influence. 2. Ethereum (ETH): Known for its smart contracts and decentralized applications (dApps), leading innovation in DeFi. 3. Cardano (ADA): Focuses on sustainability and scalability, supporting future blockchain developments. 4. Solana (SOL): High-speed transactions and low fees, popular for DeFi and NFT platforms. 5. Polkadot (DOT): Enables interoperability between blockchains, fostering a connected decentralized ecosystem. 6. Chainlink (LINK): Bridges real-world data with blockchain, improving decentralized operations. 7. Avalanche (AVAX): Offers flexibility and high throughput, allowing developers to build custom blockchains. 8. Cosmos (ATOM): Builds an “Internet of Blockchains,” promoting seamless communication between blockchains. 9. Tezos (XTZ): Focuses on decentralized governance and long-term stability through formal verification. 10. Polygon (MATIC): A layer-2 scaling solution for Ethereum, improving scalability and reducing transaction costs. [Explore More In The Post] Don't forget to save this post for later and follow https://lnkd.in/g74aBBWb for more such information. Join us on X : https://lnkd.in/grVBpZ7k
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What is EVM in the Ethereum blockchain? The Ethereum Virtual Machine (EVM) is the engine that powers the Ethereum blockchain, acting as a decentralized computer that executes smart contracts. But how exactly does it work? Let's break it down with a relatable example: Imagine a Vending Machine on the Blockchain 𝗧𝗵𝗲 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁: We deploy a smart contract on the EVM that acts like the vending machine's control system. It defines the rules for dispensing products (e.g., a cup of coffee) in exchange for a specific amount of Ether (Ethereum's cryptocurrency). 𝗧𝗵𝗲 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻: You, the customer, initiate a transaction with the vending machine contract. This transaction includes the selection (coffee) and the amount of Ether you're paying. 𝗘𝗩𝗠 𝗶𝗻 𝗔𝗰𝘁𝗶𝗼𝗻: The EVM receives the transaction and verifies if you have sufficient Ether in your digital wallet. If all checks out, the EVM executes the vending machine contract's code, which deducts the Ether from your account and "dispenses" a virtual cup of coffee (represented by a change in the contract's state). Benefits of the EVM Approach: 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆: The EVM ensures all transactions are secure and tamper-proof due to the blockchain's distributed ledger technology. 𝗗𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻: No single entity controls the EVM, promoting trust and transparency. 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱𝗶𝘇𝗮𝘁𝗶𝗼𝗻: The EVM acts as a common platform for developers to build and deploy smart contracts, fostering innovation. Here are some of the most popular EVM-compatible blockchains to watch: 𝗕𝗡𝗕 𝗖𝗵𝗮𝗶𝗻 (𝗳𝗼𝗿𝗺𝗲𝗿𝗹𝘆 𝗕𝗶𝗻𝗮𝗻𝗰𝗲 𝗦𝗺𝗮𝗿𝘁 𝗖𝗵𝗮𝗶𝗻): Closely associated with the Binance exchange, BNB Chain boasts fast transaction times and low fees. 𝗣𝗼𝗹𝘆𝗴𝗼𝗻: A Layer 2 scaling solution for Ethereum, Polygon tackles Ethereum's scalability issues while maintaining EVM compatibility. 𝗔𝘃𝗮𝗹𝗮𝗻𝗰𝗵𝗲: Known for its high transaction speed and scalability, Avalanche is another popular option for deploying Ethereum smart contracts. This is a simplified example, but it highlights the core functionality of the EVM. If you're interested in learning more about EVMs and smart contracts, feel free to connect with me. #EVM #Ethereum #Blockchain #SmartContracts #DeFi #Cryptocurrency #bnb #polygon #avalanche
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🚀 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝗣𝗔𝗥𝗧 -𝟯: 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺𝘀 - 𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗼𝗻𝗲𝗻𝘁𝘀 🚀 A blockchain ecosystem refers to a network of interrelated components that work together to support the operation and development of blockchain technology. These ecosystems are dynamic, with various elements that provide the infrastructure, applications, and governance needed to facilitate decentralized operations. 1️⃣ 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺𝘀: Foundational for decentralized applications (dApps). - ⚙️ Ethereum: Leading for smart contracts. - 💰 Bitcoin: Peer-to-peer digital payments. - 🛠️ Others: Polkadot, Binance Smart Chain, Cardano, Solana. 2️⃣ 𝗖𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝗶𝗲𝘀 & 𝗧𝗼𝗸𝗲𝗻𝘀: For payments, fees, governance. - 💳 BTC, ETH for transactions. - 💵 Stablecoins: USDC, DAI. - 📊 Utility tokens: Uniswap (UNI), Chainlink (LINK). 3️⃣ 𝗗𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗲𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 (𝗗𝗲𝗙𝗶): Peer-to-peer financial activities. - 💹 DEXs like Uniswap for trading. - 🏦 Lending protocols: Aave, Compound. 4️⃣ 𝗦𝗺𝗮𝗿𝘁 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 & 𝗱𝗔𝗽𝗽𝘀: Self-executing code powering finance, gaming. 5️⃣ 𝗜𝗻𝘁𝗲𝗿𝗼𝗽𝗲𝗿𝗮𝗯𝗶𝗹𝗶𝘁𝘆: 🔗 Polkadot, Cosmos enable cross-chain data transfer. 6️⃣ 𝗟𝗮𝘆𝗲𝗿 𝟮 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀: 🏎️ Polygon, Arbitrum enhance scalability with faster, cheaper transactions. 7️⃣ 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 𝗠𝗼𝗱𝗲𝗹𝘀: 🛡️ Proof of Work (PoW) & Proof of Stake (PoS) secure networks. 8️⃣ 𝗡𝗙𝗧𝘀: 🎨 Digital assets on OpenSea, powered by Ethereum. 9️⃣ 𝗢𝗿𝗮𝗰𝗹𝗲𝘀: 🌐 Connect real-world data to blockchain via Chainlink. 🔟 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗧𝗼𝗼𝗹𝘀: 🛠️ Infura, Etherscan support developers in building and monitoring blockchain apps. Blockchain ecosystems ensure decentralized, secure, and scalable solutions across industries. 🌐💡 Add your approaches in the below comments section For more articles like this 𝗳𝗼𝗹𝗹𝗼𝘄 𝗺𝗲 on https://lnkd.in/gfAr7SyH #Blockchain #DeFi #NFT #Ethereum #Crypto #Layer2 #Innovation #Web3
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🚀 Blockchain Speed Race: Who’s Leading? CoinGecko’s latest report reveals the fastest blockchains by transactions per second (TPS): 1. Solana: Tops the list with an impressive 1,053 TPS, outpacing Ethereum by 46x and Polygon by 5x. 2. Sui: A strong contender with 854 TPS. 3. BNB Smart Chain: Leading EVM-compatible chains with 378 TPS. 📊 Understanding TPS and EVM: • TPS (Transactions Per Second): A measure of how many transactions a blockchain can process each second. Higher TPS means faster processing. • EVM (Ethereum Virtual Machine): A platform that allows developers to create decentralized applications (dApps) on Ethereum and other compatible blockchains. 🔍 Key Insight: • Non-EVM blockchains average a peak TPS of 284, nearly 4x faster than EVM-compatible blockchains. As the crypto space evolves, these performance metrics could be crucial for portfolio diversification. 🔍 Key Consideration: The viability and long-term success of cryptocurrencies hinge on practical use cases and real-world applications. High TPS is impressive, but adoption and integration into everyday use are essential for sustainability. #Blockchain #CryptoPerformance #Solana #Sui #BNB #CoinGecko #UseCases #CryptoViability
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Future of Blockchain with Solana As the blockchain landscape continues to evolve, Solana stands out as a game-changer with its cutting-edge technology and high-performance capabilities. 🔹 High Throughput: With the ability to handle thousands of transactions per second, Solana is setting new standards for scalability and efficiency. 🔹 Low Transaction Costs: Solana’s architecture allows for incredibly low fees, making it an attractive option for developers and businesses looking to scale without breaking the bank. 🔹 Decentralization & Security: Leveraging a unique consensus mechanism, Solana offers robust security while maintaining decentralization. 🔹 Ecosystem Growth: The rapidly expanding Solana ecosystem is fostering innovation and collaboration, from DeFi and NFTs to gaming and beyond. As a blockchain developer, diving into Solana offers a unique opportunity to build scalable, high-performance applications that push the boundaries of what’s possible. Whether you're working on decentralized finance (DeFi), non-fungible tokens (NFTs), or new blockchain solutions, Solana’s robust platform provides the tools and infrastructure to bring your vision to life. Are you ready to explore the potential of Solana for your next project or investment? Let’s discuss how this transformative technology can drive your success! #Solana #Blockchain #Crypto #Innovation #DeFi #NFTs #TechTrends #FutureOfFinance #BlockchainDevelopment #SmartContracts #Web3 #Fintech #CryptoCommunity #TechInnovation
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The Bitcoin Virtual Machine (BVM) has emerged as a revolutionary advancement in cross-blockchain technology. It marks a significant milestone by enabling the integration of Ethereum's decentralized applications (dApps) onto the Bitcoin network. The BVM, a counterpart to Ethereum’s Virtual Machine (EVM), is specifically designed for the Bitcoin network. The BVM allows for the smooth migration of Solidity smart contracts and dApps from Ethereum to Bitcoin, requiring minimal modifications. Its efficiency is remarkable, drastically reducing deployment times from months or even years to just hours or days. This swift deployment of Ethereum dApps onto the Bitcoin network is a game-changer. The introduction of the BVM has profound implications for blockchain interoperability. It bridges the gap between Ethereum and Bitcoin ecosystems, accelerating development processes and fostering a more integrated blockchain landscape. This innovation propels the growth and evolution of the entire blockchain ecosystem. Several prominent Ethereum dApps and protocols, including Uniswap, Optimism, and GMX_IO, have successfully transitioned onto the Bitcoin network using the BVM. As developers continue to explore this technology, we can anticipate a wave of innovation in cross-blockchain development. The BVM lays the foundation for creating decentralized applications that operate seamlessly across multiple blockchain networks, enhancing functionalities and user experiences. . . . . #bitcoin #virtualmachine #blockhcain #infrastructure #technology #cryptostan #thecryptocountry
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“𝗪𝗵𝗲𝗻 𝘄𝗮𝘀 𝗪𝗲𝗯𝟯 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁?” Web3, it represents an evolving set of technologies and ideas. The term "Web3" was popularized around 2014 by Ethereum co-founder Gavin Wood. The idea of Web3 encompasses a vision for a decentralized internet built on blockchain technologies, smart contracts, and decentralized applications (dApps). The evolution of Web3 continues as technologies and standards mature, with ongoing developments in blockchain, decentralized finance (DeFi), non-fungible tokens (NFTs), and more. Key milestones in the development of Web3 include: 𝗘𝗮𝗿𝗹𝘆 𝗖𝗼𝗻𝗰𝗲𝗽𝘁𝘀 (𝟮𝟬𝟭𝟰): The term "Web3" was popularized by Gavin Wood, co-founder of Ethereum, around 2014. This period marked the beginning of the formal discussion about a decentralized web. 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗟𝗮𝘂𝗻𝗰𝗵 (𝟮𝟬𝟭𝟱): Ethereum, which introduced the concept of smart contracts and decentralized applications (dApps), went live in July 2015. This was a significant milestone in the development of Web3 technologies. 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗔𝗱𝗼𝗽𝘁𝗶𝗼𝗻 (𝟮𝟬𝟭𝟳-𝟮𝟬𝟭𝟴): The rise of initial coin offerings (ICOs) and the proliferation of blockchain projects during this period expanded the Web3 ecosystem and brought more attention to decentralized technologies. 𝗢𝗻𝗴𝗼𝗶𝗻𝗴 𝗘𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻: Web3 has continued to evolve, with increasing adoption of decentralized finance (DeFi), non-fungible tokens (NFTs), and other blockchain-based applications in the subsequent years. 𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻: Web3 is characterized by ongoing advancements and the integration of new technologies, so its "launch" is more about the gradual adoption and maturation of these technologies over time rather than a specific event. #Web3 #Blockchain #Ethereum #Decentralization #SmartContracts #Crypto #DeFi #NFTs #DigitalAssets #BlockchainTech #Web3 #Blockchain #DecentralizedFinance #NonFungibleTokens #ICOs
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Asset tokenization is becoming a key element of the digital economy. In this post, we will discuss the benefits and challenges of tokenization, as well as how to start this process for your business. Benefits of asset tokenization 🔍 Ensuring data transparency: asset tokenization 📈 ensures transparency and security of data, making it easier to track and manage assets. 💸 Increasing liquidity: tokenized assets can be traded on various cryptocurrency trading platforms, enhancing their liquidity and accessibility for investors. 🌐 Decentralized finance (DeFi): integrating tokenized assets into DeFi allows them to be used for lending, staking, and other financial operations. 🛠️ Advantages of blockchain technology: using blockchain technology ensures the security, immutability, and transparency of tokenized assets. How to start the tokenization process 🤖 Smart contract development: creating smart contracts to manage tokenized assets. This includes developing and testing contracts on various platforms like Ethereum and Solana. ⚖️ Legal and regulatory compliance: ensuring compliance with legal and regulatory requirements in your jurisdiction. 📊 Development and integration: developing blockchain architecture and integrating blockchain solutions into your business. This can include creating private and public blockchain networks. KASATKIN offers personalized blockchain solutions and consultations on integrating blockchain into your business. We help you realize the potential of tokenization and adapt the technology to your needs. #Tokenization #Blockchain #DeFi #DigitalEconomy #Investments #KASATKIN
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1.NOWNodes NOWNodes provides blockchain API access to over 40 blockchains, enabling developers to integrate nodes and blockchain explorers in a fast, scalable, and reliable way for decentralized apps and cryptocurrency platforms. 2.Coinbase API Coinbase API offers robust access to digital currencies like Bitcoin and Ethereum, enabling developers to integrate cryptocurrency functionalities, payments, wallets, and exchange data in their apps or platforms with ease and security. 3.Bitcore API Bitcore API provides a full node and modular API for Bitcoin and blockchain services, allowing seamless integration of wallet creation, transaction processing, and blockchain exploration within apps. 4.Blockchain API Blockchain.com’s API provides simple, reliable access to the Bitcoin, Ethereum, and other blockchain networks, enabling developers to create wallets, send transactions, and access block data easily in their applications. 5.Factom API Factom API offers a blockchain solution for securing digital assets, records, and data, with a focus on providing immutability and audit trails for businesses through a decentralized, verifiable framework. Here are your updated hashtags without the code format: #editsh #webdevelopment #appdevelopment #editshteam #editshwork #BlockchainAPI #NOWNodes #DecentralizedApps #CryptocurrencyPlatform #BlockchainNodes #BlockchainExplorer #CoinbaseAPI #CryptocurrencyIntegration #DigitalCurrency #BitcoinAPI #EthereumAPI #CryptoPayments #SecureWallets #BitcoreAPI #BitcoinIntegration #BlockchainServices #TransactionProcessing #BlockchainExploration #WalletCreation #BlockchainAPI #BlockchainCom #BitcoinAPI #EthereumIntegration #CryptoTransactions #BlockchainAccess #WalletAPI #FactomAPI #BlockchainSecurity #DigitalAssets #DataImmutability #AuditTrail #DecentralizedFramework #DataVerification
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🔎Explore the ever-evolving realm of #Blockchain technology!🔗 📈From Solana's rapid transactions to Ethereum's groundbreaking smart contracts, innovation is constant. Discover layer 2 solutions like Arbitrum and Polygon, boosting scalability, while TRON provides a decentralized hub for digital content. 1. #Solana: - High-performance blockchain platform - Utilizes Proof of History (PoH) consensus - Renowned for its low latency and robust security 2. #Arbitrum: - Layer 2 scaling solution for Ethereum - Developed by Off chain Labs - Implements optimistic rollups for scalability 3. #TRON (TRC): - Decentralized platform for digital content and applications - Powered by its native token, TRX - Prioritizes low transaction fees for user adoption 4. #Ethereum: - Leading platform for smart contracts and decentralized applications - Native cryptocurrency: Ether (ETH) - Undergoing transition to Ethereum 2.0 for enhanced scalability and throughput 5. #Polygon: - Formerly Matic Network, now Polygon - Layer 2 scaling solution for Ethereum - Implements sidechains and plasma chains for improved scalability 🤝Join us on a journey through the forefront of blockchain evolution, shaping decentralized ecosystems for the future.💲 #CryptoCurrency #DeFi #Dapps #Web3 #SolanaChain #SolanaDeFi #SecureBlockchain #EthereumL2 #TRONNetwork #TRXToken #Ethereum2 #PolygonNetwork
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4moThanks for sharing.