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What is ParaState?

Develop Ethereum-compatible smart contracts using a range of popular programming languages and execute them at much higher speeds on Substrate. This project follows a decentralized, open-source business model funded by developer treasuries from various participating blockchains. Current Ethereum smart contracts can effortlessly run on ParaState’s Ewasm VM (Pallet SSVM) without any need for alterations. By accommodating over 20 programming languages, ParaState significantly boosts the developer ecosystem for Ethereum-compatible smart contracts. This broad support includes popular languages such as Solidity, Fe, Rust, and JavaScript, as well as domain-specific languages (DSLs) like MOVE, DeepSEA, and Marlowe. Substrate-based blockchains, particularly those within the Polkadot network, achieve a much higher transactions per second (TPS) rate than Ethereum. Nonetheless, for a smart contract platform, the focus is placed more on the efficiency of compute performance than on TPS throughput. By deploying smart contracts on ParaState, developers can experience these benefits and unlock enhanced capabilities that can transform their applications in real-time. Embrace the future of blockchain technology and explore the possibilities offered by this innovative platform.

What is BNB Smart Chain (BSC)?

The BNB Smart Chain (BSC), launched by Binance, is a blockchain designed to support decentralized applications (dApps) and smart contracts. Operating in conjunction with Binance Chain, it combines high-speed transaction capabilities with the flexibility of smart contracts that are compatible with Ethereum. By employing a Proof-of-Staked-Authority (PoSA) consensus mechanism, BSC enhances both scalability and efficiency while keeping transaction costs low. Its alignment with the Ethereum Virtual Machine (EVM) simplifies the process for developers looking to migrate dApps and projects from the Ethereum network. Consequently, BSC has seen considerable growth in the decentralized finance (DeFi), gaming, and NFT sectors, offering users a fast, affordable, and secure platform for blockchain innovations. Additionally, the expanding community and ecosystem not only draw in cutting-edge projects but also foster greater user participation and interaction. This ongoing evolution signifies BSC's pivotal role in shaping the future of decentralized technologies.

Media

Media

Integrations Supported

Ethereum
MetaMask

Integrations Supported

Ethereum
MetaMask
Assisterr
BiFi
BloctoSwap
CipherBC
Deri
DexGuru
DxSale
FOX Wallet
KINE Exchange
MANTRA
MUX
NFTb
Orbit Bridge
Pentas
Pulsar Finance
Rabby
Sleep.Finance
yieldwatch

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

ParaState

Date Founded

2020

Company Website

www.parastate.io

Company Facts

Organization Name

BNB Chain (Binance)

Date Founded

2019

Company Website

www.bnbchain.org/en/bnb-smart-chain

Categories and Features

Blockchain

Not specified

Layer 2 Protocols

Not specified

Smart Contract

Not specified

Categories and Features

Blockchain

Not specified

Layer 1 Protocols

Not specified

Smart Contract

Not specified

Web3

Not specified

Popular Alternatives

Popular Alternatives

BNB Smart Chain (BSC) Reviews & Ratings

BNB Smart Chain (BSC)

BNB Chain (Binance)