With the emergence of blockchain and smart contracts, new ways are allowing innovative use cases to be developed. In the case of 4thTech, communication protocols were developed, enabling secure and immutable communication.
With the rise of the multi-chain ecosystem, there was a need to develop protocols for major blockchain technologies.
To build the on-chain communication standard, the protocols are being deployed on many blockchains described below.
Ethereum is the most reliable and decentralized blockchain with a high transaction volume. It pioneered the EVM and enabled the evolution of many use cases utilizing the power of smart contacts. Despite the high transaction price, it is suitable for security-sensitive users.
The interoperability with the Polkadot parachain ecosystem enables the integration of 4thTech protocols with emerging substrate and EVM chains such as Edgeware, Moonbeam, and others.
Edgeware is a scalable, sovereign and cooperatively owned smart contract platform with a large public treasury, a strong governing community, and a focus on DAO deployments. Its fast finality and low transaction price make it suitable for normal on-chain communication.
Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot which enables fast transaction finality and low transaction price and is suitable for on-chain communication.
Solana enables fast transaction finality and a low transaction price but offers less security and stability. It is more suitable for less security-sensitive users.
Based on the transaction volume, Tron is the second-biggest blockchain. It supports stable and fast finality transactions with low transaction costs. It is also suitable for more intensive on-chain communication. Trons ability to use free transaction energy (TRX staking) opens new models for free or low cost on-chain communication.