Full Insight on the Seascape Network and its Platform Chain
Howdy! Fans and members of Seascape. It’s another day today and I trust you’re great. There’s a lot in stock and I hope you haven’t been far away, Seascape has a lot in store for you. Endeavour to follow up with Seascape updates regularly. Today we are about the Seascape Network chain.
What is a Blockchain
In general terms, a chain refers to a series of similar items linked or fastened together. The general principle and structure of a chain are such that each item linked together strengthens the whole chain.
Similarly is the technology of the blockchain. A Blockchain is a digital ledger of transactions comprising a network of computers. These transactions are distributed across the network of computers called nodes. These nodes verify and store details of the transactions done on the blockchain in form of blocks. Each new block (new transaction) created joins with previous blocks to make the chain stronger.
Seascape is a game-oriented network on the blockchain. It uses core concepts and technologies on the blockchain to promote blockchain games. These technologies include but are not limited to, DeFi, crypto-tokenization, NFTs etc.
Their vision is to make gamers (players and developers) benefit from the time and effort invested into games. To achieve this, they have adopted and incorporated the special features of the following blockchains in their ecosystem.
- Binance Smart Chain
Binance Smart Chain
Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications. BSC runs in parallel with Binance’s native Binance Chain (BC), which allows users to get the high transaction capacity of BC and the smart contract functionality of BSC.
Furthermore, Binance Smart Chain also implements the Ethereum Virtual Machine (EVM), which allows it to run Ethereum-based applications like MetaMask.
The aim of the platform is to enable developers to build decentralized applications (dApps) and help users manage their digital assets cross-chain with low latency and large capacity.
Special Features of the Chain
While it runs in parallel with BC, Binance Smart Chain is an independent blockchain. This means that even if BC stops operating, BSC will continue to run its technical and business functions.
Smart contracts, which are Ethereum-compatible, are supported by BSC. Through this feature, developers can build or migrate dApps, tools and other ecosystem components on the BSC network without much friction.
The platform runs on a proof-of-stake (PoS) consensus model. Furthermore, Binance Smart Chain also implements the Ethereum Virtual Machine (EVM), which allows it to run Ethereum-based applications like MetaMask. Its PoS model also enables it to process transactions faster, putting it above networks that still implement full proof-of-work (PoW) systems.
BC and BSC can freely communicate with each other without friction. This makes it seamless for users to move their cryptocurrencies between BC and BSC.
Ethereum is a blockchain-based platform that enables developers to build and deploy decentralized applications. They can create a decentralized application for which the participants of that particular application are the decision-making authority.
Special Features of the Chain
Ethereum allows the development and deployment of smart contracts.
Ethereum Virtual Machine
Ethereum provides the underlying technology (the architecture and the software — that understands smart contracts and allows you to interact with them.
Ethereum allows you to create consolidated applications, called decentralized applications (dApps).
Decentralized Autonomous Organizations (DAOs) Ethereum allows you to create these for democratic decision-making.
Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security.
Polkadot is heterogeneous because it is entirely flexible and makes no assumptions about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfil a set of criteria.
Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic and Bitcoin) except with important additions: pooled security and trust-free interchain transactability.
Special features of the Chain
Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network.
Economic & Transactional Scalability
Polkadot provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. Polkadot provides transactional scalability by spreading transactions across multiple parallel blockchains.
Easy blockchain innovation
It can create a custom blockchain in minutes using the Substrate framework. Connect your chain to Polkadot and get interoperability and security from day one. This ease of development helps Polkadot’s network grow.
Polkadot can upgrade without hard forks to integrate new features or fix bugs. This capability enables Polkadot to easily adapt to changes and upgrade itself as better technologies become available.
Security for Everyone
Polkadot’s novel data availability and validity scheme allows chains to interact with each other in a meaningful way. Chains remain independent in their governance but united in their security.