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The best platforms for smart contracts

Date: 01.09.2019

Every day, digital coin developers are creating more and more platforms that make it possible to develop smart contracts on the blockchain. It is necessary to focus on those that are the most significant today.

When implementing crypto projects, there are many ways to create and develop decentralized applications (dApps), exchanges, lending protocols and other products that take advantage of smart contracts to operate applications and automate applications.

 

RSK platform

This platform belongs to the second level. It was created for the development and implementation of smart contracts using the bitcoin blockchain. The coding and writing of contracts is done in a chain, and they are completely autonomous and self-sufficient, no trust is required.

The RSK platform has a ton of advantages because it is tied to the very first and most popular blockchain in the world today. It combines the best features of Bitcoin and Ethereum, resulting in a smart contract platform that consumers and businesses can use.

By introducing smart contracts into the Bitcoin ecosystem, it has become more valuable and functional, and the RSK system is able to scale up to 100 transactions in a second, which is enough for many applications. Through the use of probabilistic testing and fraudulent detection techniques, this design provides the ability to reduce bandwidth and storage capacity.

The RSK platform was founded in 2016 and acquired by RIF Labs in 2018. This has improved safety and storage.

The token of this network is RBTC (Smart Bitcoin), which includes the RSK open infrastructure standard (OS RIF), which goes beyond the boundaries of smart contracts, and includes payment channels, as well as communication and storage.

 

LiquidApps Platform

The project was launched at the beginning of this year. It enables you to create dApps, utilities, crypto tools, products and services.

The LiquidApps platform is faster, easier and more affordable development. And all of this is backed by a strong development team led by CEO and co-founder Beni Hakak (formerly Chief Operating Officer at Bancor, and served as Manager at Ernst & Young).

The platform has its own DAPP Network LiquidApps token, thanks to which dApp developers can, while retaining excellent functionality, extract the CPU and RAM from the EOS blockchain. Blockchain security at the highest level.

LiquidLink is the companys latest project to combine the Ethereum and EOS blockchains so that dApps on both chains can be launched simultaneously. One of the main platform drivers is bridging disparate circuits. This driver drives dApp adoption and awareness of Web3 and its core strengths.

Matic platform

One of the most popular platforms where smart contracts can be developed. It was created at the beginning of this year from the IEO Binance Launchpad.

Previously, Coinbase Ventures invested in the project, which provided many of the existing advantages and prospects of the company.

The Matic Network platform provides high throughput, which is up to 100 transactions per second. Other advantages include a huge user experience, as well as a wide range of tools for developers.

Matic has a high level of security, strives to solve problems of usability and scalability, but this does not affect decentralization in any way.

The platform has a complete SDK with support for WalletConnect, as well as tools that help avoid many complexities in the activities of developers.

The goal of the Matic platform development team, despite the fact that there is already a working version on Kovan Testnet, is to provide solutions for all directions of blockchains. The creators of the site strive to ensure the delivery of API and SDK, as well as products and solutions for identification, which, in turn, will enable developers to implement and transfer applications of a decentralized type based on basic protocols.

 

Echo platform

This platform for creating smart contracts is also implemented on the basis of the bitcoin blockchain. The creators strive to take advantage of the mainnet in terms of network effects and security on a platform designed to run decentralized applications.

The platform doesnt restrict developers to just one programming language, but also supports Solidity, C ++, Go, Python, and Rust. In addition, it should be emphasized that smart contracts can be transferred from the Ethereum network in a few minutes.

The platform has a block explorer, wallet (desktop and mobile), consensus mechanism, virtual machine.

dApps that are built on this platform can be used as derivatives markets, decentralized exchanges, lending.

 

Loom platform

A unique platform for smart contracts where Ethereums shortcomings are eliminated. Loom is the second layer of DPoS.

To date, applications such as Neon District, Axie Infinity, Battle Racers, and Blockchain Gaming have already been created on this platform.

ERC20 and ERC721 are compatible with all assets, thanks to which the platform allows switching from Ethereum-based dApps with the least interference, as well as using ready-made smart contract solutions for fast, easy and secure connection.

All of the above and many other platforms that develop various innovations and improve their projects, the creation and launch of applications based on smart contracts becomes easier and safer every day. The system is evolving, so many new products are expected very soon.