dimension is a new project with strong potential. Like Caldera, it recently attracted the attention of investors. This network introduced very fast and easy to implement modular blockchains. The company calls them RollApps. Also, the core of the Dimension network is the Dimension Hub. The latter provides security, consensus, and liquidity for all RollApps.
The team pointed out that RollApps are actually independent blockchains. The company has created them with its RollApp development kit. The latter is based on the famous Cosmos SDK. Thanks to this technology, developers will be able to choose their network token, as well as the application environment. Plus, they can customize their product however they want.
While blockchain technology offers many advantages, it is also quite complicated. Many users find it tedious to learn how to use it. Therefore, they prefer to employ more traditional methods. However, Dymension aims to simplify the process for its customers. Your blockchain does not come with a complicated set of validators.
Thanks to this platform, developers will be able to easily implement various chains. It’s as simple as running EC2 in isolation. However, Dimension allows users to reap the added benefits of the decentralized and permissionless nature of Defi technology.
Furthermore, the team claimed that RollApps would be fully autonomous. They will have their own parameters of logic, governance and decentralization. The company calls them app chains and claims they have their own sovereign ecosystems.
Most of the blockchain-based dApps require customers to pay high fees. Users have to buy the native app tokens to pay for the latter. Although RollApp also has fees, they are relatively low and users can pay them not only with the platform token but also with other currencies. That is a great advantage, since the company does not force its clients to buy its utility tokens.
What about the performance of Dimension RollApps?
RollApps can offer substantial performance. They have lower latency compared to consensus constrained blockchains. According to the team, most of the current blockchains work as shared bandwidth systems. However, such a system hinders the growth of decentralized applications.
Noticing that problem, the Dimension team developed a multi-layer blockchain protocol, which has great tools and features. Customers will be able to use them to create and deploy rollups without permission. The team wants Dimension to become a hub and factory for such RollApps.
RDK, or Dimension RollApp Development Kit, is another great feature that the company offers. The team will use it to create these new types of apps. According to the company, the RDK is a prepackaged set of generic modules. The team will use it to build common functionality, such as accounts or token management. The development kit will greatly simplify the whole process.
In addition, the company designed its settlement layer, Dimension Hub, to provide a streamlined service for summaries. The latter will interact with the Inter-Blockchain communication protocol. Thanks to it, exchanges will be secure between Dimension RollApps.
Another interesting product that the company offers is the RVM. Dimension introduced this innovative dispute resolution mechanism as part of their project. With it, the company will be able to support various execution environments.
What is Caldera and what does it offer?
Caldera is another promise project. He specializes in building high-performance, application-specific, and customizable layer-two blockchains. The company calls them Caldera Chains. These chains offer high performance, as well as low latency and customizable features. Thanks to them, the team will be able to optimize the performance and user experience of dApps. Furthermore, the platform will process hundreds of transactions per second. Quick confirmation is another benefit.
The team noted that Caldera Chains are actually custom-made optimistic roundups. They have speed and high customization. The platform will provide features such as sustainable income generation and a list of allowed addresses. In addition, it will be compatible with the Ethereum blockchain. Caldera will also run standard ETH smart contract code without modification.
The company believes that design plays a crucial role in shaping the platform’s functionality as well as the user experience. He decided to focus on Ethereum and use it as Caldera’s layer 1 blockchain. Considering that ETH offers unprecedented security and decentralization, it is a smart choice. Also, the team believes that simplicity is very important. He wants Caldera Chains to be easy to use and accessible to everyone. Overall, this project has great potential for success.
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