Audience
Blockchain developers requiring a Layer 2 scaling solution to write Ethereum-compatible smart contracts
About ParaState
Write Ethereum-compatible smart contracts in popular programming languages, & run them much faster, on Substrate. A decentralized open source business model funded by developer treasuries on participating blockchains. All existing Ethereum smart contracts work on ParaState’s Ewasm VM (Pallet SSVM) without any change. ParaState expands the developer ecosystem by supporting 20+ programming languages to create Ethereum-compatible smart contracts. Examples include generic programming languages such as Solidity, Fe, Rust, and JavaScript, and domain-specific languages (DSLs) such as MOVE, DeepSEA, and Marlowe. Substrate-based blockchains, such as Polkadot parachains, already enjoy much higher TPS (transactions per second) than Ethereum. For a smart contract platform, compute performance is more important than TPS throughput. Try deploying smart contracts on ParaState.
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Hemi
Hemi is a breakthrough modular Layer-2 blockchain protocol that seamlessly merges Bitcoin’s rock-solid security with Ethereum’s versatile programmability by embedding a full Bitcoin node into an Ethereum-compatible EVM, known as the Hemi Virtual Machine (hVM). This architecture allows developers to write Solidity smart contracts that natively access Bitcoin data without relying on bridges or synthetic assets. Using its proprietary Proof-of-Proof (PoP) consensus, Hemi achieves “superfinality,” anchoring transactions in Bitcoin blocks for high integrity and resistance to reorgs, all while maintaining fast finality. Its Hemi Bitcoin Kit (hBK) gives developers the tools to build truly Bitcoin-powered DeFi applications, such as lending, staking, automated market makers, MEV systems, and multi-chain DAOs, using real BTC as collateral or yield sources.
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Meter
Meter is a high performance infrastructure that allows smart contracts to scale and travel seamlessly through heterogeneous blockchain networks. Meter is a Layer 1 and Layer 2 blockchain protocol. The Meter system consists of two tokens: MTRG, the governance token (eMTRG is the ERC20 version), and MTR, the low-volatility currency token.
Financial assets should flow freely among blockchains. Meter’s HotStuff-based consensus allows 1000s of validator nodes, making Meter the most decentralized Layer 2 for Ethereum. Meter processes thousands of transactions per second and transactions are confirmed almost instantly. Meter Passport allows assets and smart contracts travel and communicate across heterogeneous blockchains for the best price, liquidity and yield. Meter is an Ethereum Compatible with unique enhancements. Unlike other Layer 2, DEXes build on Meter are front running/MEV resistant, fast and uncensorable.
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Polkadot
Polkadot is a blockchain network being built to enable Web 3.0, a decentralized and fair internet where users control their own data and markets prosper from network efficiency and security. Polkadot was founded in 2016 by Gavin Wood, former Co-Founder and CTO of Ethereum. Polkadot’s technology addresses the major issues that have stymied blockchain adoption in recent years. Polkadot’s software development toolkit, Substrate, created by Parity Technologies, makes it easy for blockchain developers to build their own custom, fit-for-use blockchains. Polkadot also enables multiple blockchains to communicate between each other, allows for easy upgradeability, and introduces “shared security”, a plug-and-play network security model that allows developers to focus on the technology and avoid spending time and resources recruiting a set of operators to run a new blockchain.
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Integrations
Company Information
ParaState
Founded: 2020
www.parastate.io
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Product Details
Platforms Supported
Cloud
iPhone
iPad
Android
Training
Documentation
Videos
Support
Online
ParaState Frequently Asked Questions
Q: What kinds of users and organization types does ParaState work with?
ParaState works with these users and organization types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, Government, and Startup.
Q: What languages does ParaState support in their product?
ParaState supports these languages: English.
Q: What kind of support options does ParaState offer?
ParaState offers support via online.
Q: What other applications or services does ParaState integrate with?
ParaState integrates with: Brave Browser, Brave Search, Ethereum, MetaMask, Substrate, Telegram, and Uniswap.
Q: Does ParaState have a mobile app?
Yes, ParaState has a mobile app for iPhone, iPad, and Android.
Q: What type of training does ParaState provide?
ParaState provides training in the form of documentation and videos.
