Are Application-Specific Chains the Future of Blockchain?

2 years ago thenewstack.io

Summary: This is a summary of an article originally published by The New Stack. Read the full original article here →

As decentralized application (dApps) developers gain more experience working with blockchains, some are running into limitations created by the parameters of blockchain architecture. It also maintains fairly strict control over the way consensus and networking functions are exposed to those applications. To overcome these limitations, some developers are turning to application-specific blockchains — purpose-built and tuned for their specific application needs, and colloquially called “appchains.”

One of the key strengths of Cosmos blockchains is the smart contracting module https://docs.cosmwasm.com/docs/1.0/, which allows developers to write cross-chain smart contracts.

Longer term we may see a greater commoditization of blockchains themselves, with greater focus on applications and how those applications support users’ needs.

DevOps Articles