Welcome to the Ethereum Engineering Group for another online event, this time dedicated to AppChains.
AppChains are blockchains dedicated to one or a group of related applications. Examples include DeFiKingdoms on Avalanche, Osmosis and dYdX on Cosmos. They provide sovereignty to the application creators and to its user community by allowing them to bring a custom token in circulation, set custom gas prices, permissioned deployment of smart contracts, etc. Polkadot Parachains, Cosmos Zones, Avalanche Subnets and Layer 2s are prominent \appchain{s} solutions.
In the era of high throughput Layer 1 blockchains we believe current solutions are too expensive, cumbersome and restrictive as an entire network of node operators and economic security needs to be provisioned and bootstrapped for an application.
Inspired by AppChains, we offer Supra Containers on our high throughput fast finality Supra Layer 1 blockchain. Supra Containers not only provide all the features of AppChains but also solve the well known issues of fragmented liquidity owing to the lack of smart contract atomic composability across these zones and networks.Compared to existing \appchain{} solutions, Supra Containers offer a better model for:
* application creators by providing customization of gas tokens and gas prices, gated deployment of smart contracts, opening up auctioning markets for transaction fees, and most importantly Supra Containers enable cross-container composability and thus avoid liquidity fragmentation,
* end consumers by providing a seamless access to multiple containers on a single platform and for services integrated across containers.
Thus, Supra Containers enables and facilitates application-based businesses and push the host Supra Layer 1 blockchain towards creating networking effects.
📅 Wednesday, November 13, 2024
🕔 Time: 12:30 PM – 2:30 PM AEST
📍 Zoom call
✨ Ethereum Engineering Group is a meetup for software engineers, computer scientists, researchers, and technologists who want to understand the Ethereum platform and associated technologies. Since March 2020, the Ethereum Engineering Group meetup has been run via Zoom, online. The timing during the day of the meetup depends on who is talking and what part of the world they live in.