Edith Heroux

Avalanche is a decentralized finance (DeFi) platform that uses smart contracts to facilitate transactions and other operations on the network. Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein are stored and replicated on a blockchain network. Smart contracts on Avalanche are designed to be fast, secure, and flexible, making them well-suited for a wide range of DeFi applications. One of the key features of Avalanche smart contracts is their support for multiple programming languages, including Solidity, the most popular language for writing smart contracts on Ethereum. This enables developers to create and deploy smart contracts on the Avalanche network using the language they are most familiar with, reducing the learning curve and increasing the speed of development. In addition to their versatility and speed, A valanche smart contracts are als...

Cardano is a decentralized public blockchain and cryptocurrency project that was created to provide a more secure and scalable platform for the development and execution of smart contracts. Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. They are designed to facilitate, verify, and enforce the negotiation or performance of a contract. Cardano smart contracts are powered by a programming language called Plutus, which was specifically designed for use on the Cardano platform. Plutus is a functional programming language that is based on Haskell, a popular programming language used in the financial industry. Plutus is designed to be easy to use and understand, even for those who are new to programming. The Key Features of Cardano Smart Contracts Cardano's smart contracts offer a number of key features that make them a powerful tool for automating and streamlining complex processes. These f...

NEAR protocol targets eliminating the blockages that appear in the way of adopting web 3.0. It provides speedy transactions with minimal processing costs. NEAR has a robust and progressive UX for dApp users on a decentralized finance platform. It is environmental friendly in nature, surfacing as one of the best digital market ecosystems .   About NEAR smart contracts Smart contracts are a set of pre-defined and executable codes that are triggered automatically when both parties reach an agreement. Any languages supported by the Web Assembly (Wasm) can be used to write NEAR smart contracts. However, it presently supports Rust, JavaScript and AssemblyScript. NEAR smart contracts are necessary as it facilitates the creation of entirely decentralized applications that can automatically carry out multiple tasks like transactions. NEAR smart contracts are simple to build and maintain. It is beneficial for developers as it helps build ·       ...

Building a decentralized app on the Avalanche network provides a number of advantages over traditional blockchain networks. Firstly, Avalanche is a highly scalable platform capable of processing up to 4,500 transactions per second. This makes it well-suited for applications that require high transaction throughputs, such as decentralized exchanges or online gaming. Additionally, Avalanche provides a high degree of security, with its consensus protocol ensuring that all transactions are validated and stored securely on the network. Finally, Avalanche offers a wide range of user-friendly development tools and APIs, making it easy to build and deploy decentralized apps on the network. Avalanche subnets create an ideal environment for Avalanche custom blockchain development by facilitating the creation of networks optimized for various institutional applications, such as DeFi or Web3 gaming. Subnets work in unison with the rest of the Avalanche ecosystem; they don’t compete for network r...

Cardano is a decentralized, public, open-source blockchain network utilizing a Proof-of-Stake consensus mechanism known as Ouroboros. It was launched in 2015 by a computer scientist and blockchain enthusiast, Charles Hoskinson, one of the co-founders of Ethereum. The native cryptocurrency of Cardano, ADA, is used for all transactions within the network. Although it did not have smart contract functionality when it was launched, Cardano's Alonzo hard fork update implemented on the mainnet on 13th September 2021 introduced smart contracts to the network. With this update, smart contracts could be developed and deployed on the mainnet by developers. What does Cardano Smart contracts: Cardano smart contracts offer a very effective virtual platform for modeling and implementing real-world contracts. When built on the Cardano blockchain, these smart contracts enable complete visibility to each contracting party while offering the safety and security needed. Cardano smart contracts are, ...

  What is a dApp? dApps are nothing but traditional software applications mostly built on decentralized networks such as Ethereum. dApps are different from regular apps. A regular app runs on one computer and is centralized. dApps run on multiple computers and must be built with blockchain technology. It is a combination of a smart contract and an interface for the front-end user. dApp connects to the blockchain via smart contracts instead of linking with centralized data servers as traditional apps. Smart contracts are the heart of dApps development, as they help automate the execution of agreements between parties. Features of a dApp Decentralized - dApps run on Ethereum, an open, decentralized platform that is accessible to everyone. Deterministic - dApps can perform the same function regardless of their executed environment. Turning complete - dApps are able to perform any action given the necessary resources. Isolated - dApps are executed within a virtual environment calle...

Avalanche is a scalable, open-source, and interoperable blockchain network. Because it is not a single blockchain like Ethereum or Solana, it is sometimes known as the "blockchain of blockchains." Instead, it is a fusion of three blockchains, each adapted for a particular use case. Building a decentralized app on the Avalanche network provides a number of advantages over traditional blockchain networks. Firstly, Avalanche is a highly scalable platform capable of processing up to 4,500 transactions per second. This makes it well-suited for applications that require high transaction throughputs, such as decentralized exchanges or online gaming. Additionally, Avalanche network provides a high degree of security, with its consensus protocol ensuring that all transactions are validated and stored securely on the network. Finally, Avalanche offers a wide range of user-friendly development tools and APIs, making it easy to build and deploy decentralized apps on the network. How to d...

IDE, or integrated development environment, is software that makes application development easy for developers by providing specific tools to build, design, debug and write source code. Our Whitelabel IDE solution is a blockchain SaaS app that simplifies the development of smart contracts for faster delivery of web3 projects.  Integrated development environments are extremely important for developers for the following reasons: It integrates a variety of development-related technologies and tools within a single framework.  Tools and features in the IDE assist developers in organizing resources, preventing errors, and implementing shortcuts.  Enables the compilation and execution of code instantly. Additionally, it performs additional checks to ensure that the code is error-free.  The IDE enhances developers’ productivity and reduces installation time, thereby standardizing the development process.  Looking for a white-label solution that allows you to create yo...

The overwhelming popularity of NFTs has made it a new trading entity in which luxury brands and celebrities have started investing. Since NFTs are a form of assets, they need a virtual marketplace, called an NFT marketplace, where people can buy and sell NFTs. Popular blockchain such as Ethereum, Solana, Binance, and Cardano offers an open blockchain ecosystem to develop the NFT marketplace. This article will explain how to develop the NFT marketplace on Cardano. What is an NFT Marketplace?   NFT marketplace is a decentralized platform where NFT creators and investors come together to buy and sell NFTs. Most of these NFT creators are artists, music composers, game creators, brands, and influencers. In comparison, the investors are crypto traders, art collectors, and gamers. Powered by blockchain, NFT marketplaces are open and decentralized. It allows the artists to monetize their artwork by minting the NFTs to a tamper-proof public ledger. Such lucrative features of the NFT marketp...

  What is NEAR protocol? NEAR is a layer1 blockchain, which means it is not dependent on any other chains. It has a unique scaling mechanism known as Nightshade Sharding which makes it easy to add new users. NEAR blockchain development allows mass adoption of web3. It is the foundation for decentralized applications and provides a secure, scalable platform. It's also designed to be easy to use by developers. NEAR is home to hundreds of exciting dApps. This simple, scalable and secure blockchain platform is designed to provide the best possible experience for users and developers, which is a need to bridge the gap to mainstream adoption of dApps. It is completely carbon neutral. NEAR is similar to the "cloud-based infrastructure" that developers are currently using to build their applications. However, the cloud is not controlled by one company that runs a huge data center. Instead, it is managed by everyone who operates nodes on the distributed network. So, it is a comm...

What are smart contracts on the blockchain? Smart Contracts are digital contracts existing within a blockchain that execute themselves when certain pre-determined conditions are met. It enables two parties to conduct a transaction without any intermediary intervention like banks and offers the following benefits to the users: Secure and transparent No interruption Autonomous Fast performance Cost-effective Examples of smart contracts Real Estate Smart contracts facilitate real estate transactions directly between the dealer and the buyer by removing rent-seeking third parties like brokers. Smart contracts keep a record of transactions, store the details of property and land owners, allow payments and transactions overseas and offer fraud-proof transactions. Resolving Errors in Trade Finance Smart contracts can reduce numerous errors in trade finance by ensuring automation of workflows while also simplifying calculations. It also reduces significant work hours. Elections Blockchain-bas...

Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services. Developers at Ava Labs claim that Avalanche is the first smart contracts network to offer transaction finalization in under one second as standard. The platform’s native token, AVAX, performs various tasks within Avalanche and also functions as a rewards and payment system for users. How does Avalanche work? Avalanche implements the Avalanche protocol , which is relatively simple and fully sustainable. It’s the backbone of the Avalanche network and, of course, a breakthrough in the Blockchain community. It acquires the feature of Classical (focused on speed and energy efficiency) and Nakamoto consensus (focused on scalability and decentralization). Although the model follows POS closely enough, the new consensus protocol has few differences. Let’s explore the entire system: Avalanche provides decentralized asset trading which anyone can launch and...

With the rise of cryptocurrencies and blockchain technology, Bitcoin, Ethereum and other networks began to face scaling issues due to increasing demand. These challenges are especially evident on the Ethereum blockchain due to growing interest in decentralized apps and non-fungible tokens. Due to high traffic, the network often faces higher transaction costs and gas fees. This can prove discouraging for both developers and users. There are many teams working on scaling blockchain networks. However, the NEAR protocol team is focused on addressing these limitations via sharding. In this context, NEAR is the next generation of blockchain that enables to make web3 accessible to all. It is an autonomous decentralized application platform (dApp) and Ethereum competitor focusing on developer and user-friendliness. Its native token is NEAR, which is used to pay transaction fees and storage on the NEAR crypto platform. NEAR can host dApps and provides cost-effective solutions to overcome many c...

What is a dApp? dApps are nothing but traditional software applications mostly built on decentralized networks such as Ethereum. dApps are different from regular apps. A regular app runs on one computer and is centralized. dApps run on multiple computers and must be built with blockchain technology. It is a combination of a smart contract and an interface for the front-end user. dApp connects to the blockchain via smart contracts instead of linking with centralized data servers as traditional apps. Smart contracts are the heart of dApps, as they help automate the execution of agreements between parties. Features of a dApp Decentralized - dApps run on Ethereum, an open, decentralized platform that is accessible to everyone. Deterministic - dApps can perform the same function regardless of their executed environment. Turning complete - dApps are able to perform any action given the necessary resources. Isolated - dApps are executed within a virtual environment called Ethereum Virtual...

  How does a smart contract work? Smart contracts work based on simple "if/when .then" statements written into code on a blockchain. When pre-defined conditions are met and verified, a network of computers executes the actions. These actions include sending notifications, issuing tickets, releasing funds to appropriate parties, or registering a vehicle. When a transaction is complete, the blockchain is updated. This means that the transaction can't be modified, and only those who have been granted permission to see the results can view them. A smart contract can have as many conditions as necessary to ensure that all participants are satisfied with the outcome. Participants must agree on how transactions and data will be represented on the blockchain and determine the "if/when..then "rules that regulate those transactions. Ethereum is the most suitable blockchain platform for smart contract development. However, Stellar, Hyperledger Fabric, EOS, NEM, Solana, Car...