Emerging Blockchain Platforms Traits in 2022

Sunil
4 min readApr 21, 2022
blockchain platforms

By the end of 2022, blockchain platform will have the following traits:

1. Smart contract language, which supports real-time performance

By 2022, the leading blockchain platforms will have at least one smart contract language with real-time performance.

Currently, the smart contracts can be implemented with many programming languages, including Solidity and Go, as well as Java. To implement smart contracts, however, a developer needs to develop the code, send it to the blockchain platform, and then deploy the code for processing.

This process is rather complicated, which can delay the time for executing contracts. Also, not all smart contracts support the real-time performance. In fact, there is no need to have this performance, if you want to develop a simple app.

Hence, to make smart contracts work fast, it is reasonable to believe that we will see the language that is specifically designed for smart contracts in 2022. Developers would need to have experience with that language in order to develop the smart contract with that language.

2. The blockchain platform would require fewer operations to run.

The development team will develop the blockchain platform by combining several existing components. And then, they will integrate these components with one another and develop a blockchain application.

Therefore, the developers will be able to spend much less time on coding when they will implement a blockchain app on top of the top blockchain platform. It is possible, as the leading platforms have already released dozens of blockchain applications on top of their platforms.

3. The platform will support a new consensus algorithm.

Blockchain platforms may implement the next-generation consensus algorithm. The existing ones will be outdated in 2022. For example, Proof-of-Work will become a new trend in 2022. By 2022, more companies will create their own blockchain platforms. Each one will implement its own consensus algorithm. For instance, Vechain will implement Proof-of-Authority consensus algorithm.

Besides, there are rumors about EOS launching the EOS main net by end of this year.

Read Also: 10 Best Metaverse Projects in 2022

4. The platform will feature the next-generation Dapps.

The application layer will feature the next-generation Dapps, as more and more companies are switching to blockchain development. The blockchain platform will focus on implementing security, stability, and scalability. And, of course, these features will be supported by new Dapps.

A Dapp is a software that can be implemented on top of a blockchain platform. In 2018, many popular Dapps appeared, including DAO, Enjin, and Wanchain. So, we can assume that a lot of companies will develop their own Dapps on top of a blockchain platform in 2020.

5. The top blockchain platform will be used to build the decentralized ecosystem.

The top blockchain platform will be used to build the decentralized ecosystem. In fact, more and more new players will enter the blockchain market. For instance, Facebook might support Bitcoin as a payment method. Or, maybe companies will join the EOS ecosystem. The existing blockchain platforms can also become the new hub for the companies. In this case, they will create a new blockchain platform to attract even more companies.

6. It will feature an open-source code base.

Currently, companies release their own blockchain platforms. In this case, the blockchain platforms do not work together. However, in 2022, blockchain platforms will work together. In other words, they will implement an open-source code base. At the same time, they will be developed according to the standardized templates. It will be easier to develop the smart contracts, Dapps, and the decentralized ecosystem on top of the platform.

7. Top Blockchain Platforms Will Provide an Easy-to-Use Interface

As you have seen, the top blockchain platform will implement the following features in the next 10 years:

· Smart contract language with real-time performance

· The blockchain platform will have a specific consensus algorithm

· The platform will feature the next-generation Dapps

· The platform will support an open-source code base

This is good news for blockchain developers. They will be able to develop all types of blockchain apps on top of the blockchain platform in the future. The top blockchain platform will feature an easy-to-use interface. Therefore, blockchain developers will spend less time on coding, while developing the blockchain apps.

Conclusion

The future of blockchain platforms and Dapps is bright. In fact, the number of users will increase by more than 10 times. New Dapps will be released. And, of course, there will be the next-generation blockchain platform.

The development team of the top blockchain platform is growing every year. Some of them can have hundreds of experts working for them. Hence, it will be a great benefit for blockchain developers and the businesses that are planning to use the platform.

However, they still need to understand what the top blockchain platform is capable of. Otherwise, they will fail in the long run. The development team will not be able to build their own version of the top blockchain platform. For instance, they can develop the top blockchain platform on top of EOS. But, if they will use different technologies and components for that platform, they will fail in attracting both customers and developers.

If you want to develop Blockchain Application

Contact Us

--

--

Sunil

Technical Content Writer at Binary Informatics and i love writing on technologies…..