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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 Moonbeam?

Moonbeam transcends a mere EVM implementation by acting as a sophisticated Layer 1.5 chain that mirrors Ethereum’s Web3 RPC, alongside essential components such as accounts, keys, subscriptions, logs, and more. This platform not only enhances Ethereum's core features but also integrates functionalities like on-chain governance, staking, and cross-chain compatibility, thus offering a well-rounded solution for developers. By leveraging Moonbeam, developers can explore market segments that are often inaccessible to Ethereum due to its high gas fees. Furthermore, launching projects ahead of the competition within Polkadot’s rapidly evolving parachain ecosystem grants a significant advantage. With native support for assets including DOT and ERC-20 tokens, along with crucial infrastructure services like Chainlink and The Graph, Moonbeam emerges as a formidable choice for decentralized application development. Ultimately, the Moonbeam platform greatly expands the potential of what developers can accomplish, surpassing the limitations of conventional Ethereum functionalities and paving the way for innovative solutions.

Media

Media

Integrations Supported

Ethereum
MetaMask
Substrate
Balancer
Band Protocol
Biconomy
Blockdaemon
Chainlink
Coast
Coinbase Cloud
Covalent
Cream
CryptoTax360°
FOX Wallet
Fyre
Lore
Magic
OnFinality
Pocket Network (POKT)
Telegram

Integrations Supported

Ethereum
MetaMask
Substrate
Balancer
Band Protocol
Biconomy
Blockdaemon
Chainlink
Coast
Coinbase Cloud
Covalent
Cream
CryptoTax360°
FOX Wallet
Fyre
Lore
Magic
OnFinality
Pocket Network (POKT)
Telegram

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

ParaState

Date Founded

2020

Company Website

www.parastate.io

Company Facts

Organization Name

Moonbeam Network

Date Founded

2020

Company Location

United States

Company Website

moonbeam.network/

Categories and Features

Categories and Features

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