This article was first published on The AdEx Blog - Medium
The AdEx Substrate implementation is now a fact and we are happy to collaborate with W3F
If you have been following this blog, you know that for a while now we have been exploring application-specific chains, and have been experimenting with Polkadot and Cosmos in particular.
We are happy to report that the Substrate implementation is now finished — and ahead of time. Getting it done took us way less time and effort than we initially estimated, and are quite content with the end result.
For those of you unfamiliar with Substrate, it is a development framework, which makes it incredibly easy to build blockchains; the framework is 100% open-source. For us, having a Substrate implementation, means greatly improved scalability, more flexibility and ultimately — an enhanced user experience.
This implementation will also include the AdEx Registry: a component designed to curate a high-quality list of public AdEx validators. It accomplishes this by requiring a ADX tokens to be staked as a warranty against potential misbehavior. We chose Polkadot and Substrate because the Registry needs to be able to sustain high transaction throughput in case of a challenge, and because of the upgradability and governance benefits of the Polkadot ecosystem.
“With proper documentation and usability improvements, the combination of Rust and Substrate could become the easiest, fastest and safest way to create pretty much any type of blockchain application,” commented our CEO Ivo Georgiev.
The next steps would be to launch a testnet, and to work further on the implementation with tooling, JS libraries, CLI, etc. We are also hoping that we’ll be able to provide the W3F team with valuable feedback, and we’re looking forward to a long and successful collaboration.
- Watch Gavin Wood demo Substrate at the Web3 Summit. (Read the Transcript)
- Read documentation at the Substrate developer hub.
- Check ...
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The AdEx Blog - Medium