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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 Hoo Smart Chain?

The Hoo Smart Chain (HSC) Platform acts as a unified framework, leveraging the technological prowess, traffic, and ecosystem assets provided by the Hoo Group, and it is on a pathway to becoming integral to the blockchain landscape. This initiative is designed to propel the advancement of decentralized applications, streamlining the process to be both cost-effective and efficient while offering substantial assistance in promotion, traffic management, and various resources. By delivering a comprehensive range of cutting-edge tools and services, HSC is set to empower developers all around the world. As a decentralized public chain acclaimed for its high performance and energy efficiency, Hoo Smart Chain is the first major product launched by the Hoo organization. It is built to support smart contracts and can handle high-speed transactions seamlessly. Additionally, the platform incorporates the native HOO Token and utilizes the PoSA consensus mechanism to enhance its operational effectiveness. Through continuous improvements, HSC aims to refine Ethereum's performance using sidechains while actively strengthening the decentralized ecosystem, thereby paving the way for a promising future for blockchain applications and services. Ultimately, its commitment to innovation positions HSC as a vital player in the evolution of the blockchain industry.

Media

Media

Integrations Supported

Ethereum
Brave Browser
Brave Search
MetaMask
Substrate
Telegram
Uniswap

Integrations Supported

Ethereum

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

Not specified

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

ParaState

Date Founded

2020

Company Website

www.parastate.io

Company Facts

Organization Name

Hoo

Date Founded

2017

Company Location

China

Company Website

www.hoosmartchain.com

Categories and Features

Blockchain

Not specified

Layer 2 Protocols

Not specified

Smart Contract

Not specified

Categories and Features

Blockchain

Not specified

Layer 2 Protocols

Not specified

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