Top 5 Blockchain Platfroms to check out

Posted by alicejenifferze on April 15th, 2022

Blockchain technology appears to be gaining traction all the time. Bitcoin technology has now become a popular technology that first appeared in 2009. Blockchain maybe used in a variety of areas such as supply chain management, legal, healthcare, logistics, and so on

#1 Tezos

Tezos is a decentralized, open-source blockchain network that allows users to conduct peer-to-peer transactions and build smart contracts. Its network can permit formal verification owing to its modular architecture and formal upgrade mechanism.

Tezos was founded by Arthur and Kathleen Breitman to provide the security and code accuracy required for digital assets and high-value use cases. It\'s a decentralized self-governing blockchain network.

The Tezos platform has several functionalities.

self-amendment protocol

On-chain governance

delegated Proof of stake consensus mechanism

smart contracts and formal verification

#2 Ethereum

Ethereum, often known as Ether, is a prominent blockchain platform with its own native money. Developers use Ethereum to build new applications related to financial apps, decentralized markets, games, cryptocurrency markets, and more. Its objective is to eliminate third-party websites that can save data and monitor financial instruments over the internet.

Some of the features of the Ethereum platform are,

Turning completeness

Permissions

Smart contract functionality

Rapid deployment

Tokenization

Privacy

#3 Hyper-ledger Fabric

Hyperledger fabric is being offered as a function for developing modular apps and solutions. It enables plug-and-play components like membership services and consensus. Its modular and adaptable architecture makes it suitable for a wide range of industrial applications.

One of the fundamental properties of the Hyoerledger fabric is its capacity to establish a network of networks. Members of fabric networks collaborate, but because some data needs to be kept secret, corporations normally retain different relationships within their networks.

Some of the features of the Hyperledger Fabric platform,  

Low latency

highly modular

Support for solidity and EVM

Pluggable consensus

Multi-Language smart contract support

Queryable data  

#4 Stellar

Stellar is a decentralized blockchain network that enables the storage and transfer of funds. It allows you to produce, exchange, and send digital representations of any type of currency such as dollars, pesos, bitcoin, and a variety of other currencies. More than 69% of banks are testing blockchain technology to make their services more transparent, seamless, and safe.

Stellar is a scalable and substantial blockchain platform that can assist in the development of safe and quick fintech applications, tokens, and digital assets that reflect financial assets. It is an open-source payment and currency network. It has no owner because it belongs to the public and it possesses millions of transactions.

Some of the features of the Stellar blockchain network

Decentralized and open database

thousands of transactions in a second

allows multi signatures and smart contracts

contains 1% fixed annual inflation

#5 EOS

EOS is a blockchain platform to construct scalable and secure decentralized applications. It offers dApp hosting, smart contract functionality, and decentralized storage of enterprise solutions to address Ethereum and Bitcoin\'s scaling challenges.

The EOS platform uses multithreading and delegated proof of stake methods to eliminate all user costs and achieve consensus. Developers and investors can debate the platform in the \"EOS forum\" which is a specialized community.

Some of the features of the EOS blockchain platform are,

Governance

Flexibility

Usability

Multiprocessing

Permission schema

Upgradability

Measurability

Citation: Top 10 Blockchain Platforms 2022