What are Crypto Arbitrage Trading Bots and Why Should you Develop Them?
October 28, 2021Development of a Rarible-like NFT Marketplace
October 29, 2021Solana is a blockchain that allows dApp developers to quickly launch crypto apps while avoiding the congestion and scalability difficulties that affect the existing networks. Solana’s focus on scalability aims to provide developers with both the infrastructure and bandwidth they need to help their decentralized products and services gain global popularity.
So, if you are planning to create your own dApp, Solana is the perfect solution for you. Solana is the fastest blockchain network as compared to other blockchain networks, making transactions faster. In addition, the transaction fee in the Solana blockchain network is significantly lower. Because of these cost-effective features, dApp usage is rapidly growing and will continue to grow in the future.
How to create dapps on Solana?
Step 1 : Gather the application requirements and determine the scope of the project
Step 2 : Design a good user interface for dapp
Step 3 : Develop dApp smart contracts
Step 4 : Audit Smart Contracts by passing test cases
Step 5 : Code the required functionality of the dApp
Step 6 : Integrate Smart Contracts with the front-end and back-end systems
Step 7 : Use test cases to put the developed application on the test
Step 8 : The developed application is deployed to the Mainnet
Benefits of Solana Dapp Development
1) Transactions using the dApp are faster since Solana is the fastest blockchain technology compared to other blockchains such as Bitcoin and Ethereum.
2) Another significant advantage of Solana Dapp Development is that it is independent of any centralized authority.
3) It has a high level of transparency and security.
4) In comparison to other applications, the transaction fee in Solana Dapp is lower.
5) Solana dApp is used to carry out transactions in roughly 400 milestones.
Features of Solana Dapp
1) Proof Of History
Proof of History is a consensus algorithm that uses a series of processes to provide unique and effective results.
2) Turbine
A block propagation technique is used by the turbine. This simplifies the data transaction between the nodes.
3) Gulf Stream
This protocol is responsible for fewer transactions in the mempool. It allows validators to complete transactions more quickly.
4) Sealevel
Simultaneous transactions are performed here, resulting in a faster network runtime.
5) Pipelining
The Transaction Processing Unit is the mechanism that allows pipelining to work. Validation takes place between the nodes more quickly.
To Sum Up
Solana has grown in popularity in recent months as a result of its broad scalability and mining efficiency, prompting many to believe it will be the DeFi landscape’s future leader. If you are also planning to develop your own dApp in this emerging blockchain technology, Antier Solutions can help.
Our goal is to develop reliable and secure Solana decentralized applications that produce long-term revenue. Our seasoned blockchain developers offer meaningful Solana dApp development solutions, aligned with your needs, to help you accomplish your business goals.
Connect with our subject matter experts to share your business needs.