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opens up a more intuitive approach to dApp building. While most of the platforms are open to developers, some are more technically demanding, only reaching those teams with an in-depth prior knowledge of blockchain development.
SKALE recognizes that Ethereum is still the most developed dApp environment with significant value already locked in. But Ethereum is slow to build native side chains, so SKALE has taken the approach of building its own version of the technology. SKALE brings multichain solutions to Ethereum, with full-running functionality outpacing Polkadot, which is still in the pre-launch stage.Building on SKALE allows for the creation of Solidity smart contracts, though with a fraction of the cost compared to mainnet ETH gas fees. SKALE is built to support tens of thousands of decentralized blockchains, where most of the computation is performed. Network orchestration and agreement are finalized through smart contracts running directly on the Ethereum mainnet.Each SKALE chain is fully decentralized on multiple nodes and secured with the resources of the entire network. Subnodes on each chain are regularly rotated thanks to the pooled security mechanism.Each chain uses an efficient and mathematically provable Proof of Stake consensus algorithm and is dApp-specific, configurable, modular, and integrated with the entire Ethereum ecosystem.rebranded from Matic, is also hitting its stride. Polygon is already used by several DeFi pools to save on Ethereum fees. Polygon got a boost from the Aave DeFi protocol, as well as AaveGotchi, the gamified NFT version.
Polygon is still a newly added dApp protocol, which shows the power of sidechain technology. Using the MATIC token and the new network, dApp users can save on fees and enjoy increased transaction speeds. For most DeFi protocols, speed is essential for successful trades, avoiding hours-long wait times or expensive transactions that ultimately fail.is another new Layer 2 solution that uses ZK-Rollups, a technique that complements Optimistic Rollups. In ZK Rollups, the main contract exists and works on the Ethereum mainnet. However, additional side activities are happening in a zero-knowledge environment and are only finally settled through the main smart contract.
ZKSync already works with Curve Finance, one of the staples in the dApp space. Instead of using validators and wasting resources, the project has implemented a mathematical verification of activities, thus achieving fast and secure records on dApp activity before the final ETH mainnet settlement., a project being developed by Offchain Labs, will soon add to the L2 solutions available to dApp developers. Arbitrum is also working on a way to achieve fast and secure off-chain transactions, which are also compatible with the Ethereum Virtual Machine.
The Arbitrum Sequencer launched its testnet version on and will soon open its mainnet to dApp developers. Offchain Labs continues working on all branches of ETH scaling, including rollups, side chains with validators, and channels; a solution for a smart contract with a smaller and more predictable number of participants. In 2021, the dApp space also contains some of the blockchains that first appeared as ICOs in 2017. Projects like IOST and Ontology (ONT) are popular with Asian dApp users. However, the most promising trends sit with the new batch of startups that are on the verge of successfully scaling ETH and achieving bridges between assets. These projects leverage the already robust user base of ETH apps and may benefit from the additional native scaling that will arrive with the building of ETH 2.0.