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Showing posts from March, 2020

Essential Tools to Develop Dapp on Ethereum

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Ethereum is a major blockchain network in which most of the dapps are developed. Out of 10, 7 dapps are built on the ethereum blockchain network. Here let us look at the major three tools that are required to develop decentralized applications on ethereum blockchain network. 1. TestRPC — For the Simulation of Ethereum Network To deploy or to execute a smart contract on any blockchain network, one must pay Gas Fees. Every smart contract should be tested before they are deployed, as they are immutable. TestPRC is one of the tool that is used to simulate Ethereum Blockchain Network locally. So, you can use TestPRC to run and test your smart contracts before deploying them into the mainnet and can configure as if you want. 2. Truffle : Ethereum Smart Contract’s Toolsuite The framework that is useful in developing smart contracts using solidity in an easier way is known as Truffle. Solidity is the most commonly used programming language to code smart con...

Popular Programming Languages for the Development of DApp

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Here let us look at some of the programming languages that are used commonly to build dapps on various blockchain platforms. 1. Solidity Solidity is the most popular and standard programming language for developing dapps on the Ethereum Blockchain network. Above its popularity, there are occurs many issues while designing with this language. To program smart contracts that are many new languages are in development which can overcome the use of Solidity . 2. Vyper Vyper is a much simpler language when compared to solidity. This experimental language increases security,  auditability  and simplicity by making the programming code as easy for readability. Vyper is most limited, that is many features such as  inline assembly, operator overloading, modifiers, class inheritance, binary fixed point,  recursive calling and  infinite-length loops which are supported by solidity is not supported by Vyper. 3. Simplicity One of the potential language fo...

What is Atomic Swap ? How would it benefit traders ?

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Atomic Swap A smart contract technology that enables the interchange or exchange of cryptocurrencies without the involvement of intermediaries such as central authority or exchange is known as atmoic swap. Atomic Swaps can occur between blockchains of various cryptocurrencies or they can occur on the off-chains away from main blockchain. What is the first conducted atomic swap ? The atmoic swap was first conducted in September 2017 , which is conducted between Decred and Litecoin. After which many startups and decentralized exchanges have inherited the same feature of atomic swaps to their users. For a glance : Lightning Labs has conducted off-chain swaps whcih uses bitcoin’s lightning network for transactions. The Need of Atomic Swaps The exchange of very large amount of cryptocurrencies becomes easier and safer with atomic swaps when compared with cryptocurrency exchange platforms. In exchanges, there is a chance of occurance of hacks of cryptos and also ever...

Impact of dapps on Healthcare Industry

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What is a Dapp ? Dapp is a short form of decentralized application which works on the peer-to-peer which eliminates the presence of centralized authority and there is no tracking and monitoring of the transactions. Decentralized applications doesnot need only two users, but there can be unlimited number of end-users to make use of the functions of dapps. Dapp in Healthcare Healthcare is another major indutry which changes the entire economy . Every research in healthcare is carriedout for finding a cure of cancer and finding different chemicals . All these researches must be intersected to find the effective solution out of all these researches . Dapp is a one which interconnects all the researchers on a single blockchain which helps to share all informations and updates about the researches. The main impacts of using dapp in healthcare industries are as follows Managing Accounts/Records Healthcare industry is widely expanded and it is a tough task to maintain all t...