Ethereum, Polkadot, and Cardano have the largest market caps. Ethereum has the most mindshare. What are cutting-edge devs building on? Which is the long-term winner in the space and why?
<a href="http://stacks.co/" rel="nofollow">http://stacks.co/</a> has just launched and it brings smart contracts to Bitcoin. I'm starting to explore further.
I don't think you can get a good answer for this other than there is very little work that has made it into actual use other that a few wellknown projects on ethereum.
Hyperledger is the enterprise go to.<p>also, most devs avoid blockchain like the covid, so likely to get cheeky answers on HN, where blockchain is generally frowned upon
TLDR - <a href="https://github.com/ElrondNetwork" rel="nofollow">https://github.com/ElrondNetwork</a><p>I've been following Elrond's progress for a few months now, with great interest. Some key core features:
- Their blockchain application itself id written in Go<p>- the Smart Contracts VM can run any language that compiles to WASM<p>- They have an extensive Smart Contracts Rust framework<p>- Elrond Standard Digital Token is also live on their Testnet and will also be launched in a few weeks, an equivalent to Etereum's ERC-20<p>- Also, their mainnet is capable at 16k TPS in current config, but it can scale to at least 263k TPS (figure from their pre-launch public scaling tests) which is waaay more than any other blockchain can do, including estimated throughput figures for ETH2<p>The two most recent features they plan to introduce in the next few weeks are SC formal verifications as well as meta-transactions:<p><a href="https://elrond.com/blog/technical/" rel="nofollow">https://elrond.com/blog/technical/</a><p>However, I find most interesting about Elrond is they are planning to launch Maiar on the 31st Jan, a non-custodial wallet to make interraction with cryotos easy for the common folk and enable the onboarding of many millions new users.<p><a href="https://maiar.com/" rel="nofollow">https://maiar.com/</a>
The vast majority of smart contract developers are working on Ethereum:
<a href="https://preview.redd.it/ahus0g4rk9a61.jpg?width=640&crop=smart&auto=webp&s=500e5ef385b15c226d34477115664ae28d5f0724" rel="nofollow">https://preview.redd.it/ahus0g4rk9a61.jpg?width=640&crop=sma...</a><p>The existing liquidity, tooling, number of installed wallets, etc are are vastly better for Ethereum than any alternative platform.<p>This article gives a good snapshot of the Ethereum ecosystem's comparative advantages in 2019:<p><a href="https://blog.synthetix.io/cross-chain-infrastructure-revisited/" rel="nofollow">https://blog.synthetix.io/cross-chain-infrastructure-revisit...</a><p>In 2021, with DeFi liquidity on Ethereum having grown on the order of 50X (from $500 million in Aug 2019 to nearly $25 billion today) in the intervening time, that advantage has only grown.