Why our approach to creating an infinitely scalable blockchain should interest developers

Everscale is a fifth-generation Layer 1 blockchain with a unique architecture and is completely open source. The blockchain was originally developed for industrial use and is constantly being improved through the efforts of core contributors and the community.

In fact, Everscale can literally scale infinitely, which is the key idea behind its name. In a recent test, 63,000 transactions per second were achieved with 200 validators. Since Everscale can scale linearly, throughput increases proportionally as new validators are added, so even 1 million transactions is not the limit for Everscale.

The blockchain is ideal for applications such as decentralized social networks, messengers and emails, as well as stablecoins and CBDCs, market gamification and industrial-scale NFTs. And that is actually the main difference from most other blockchains. On top of that, Everscale has been in production for two and a half years, so it’s a pretty thoroughly tested network with a lot of applications and dApps. At this point, it’s absolutely safe to say that Everscale is the best technology in the world for these use cases and beyond.

Why is it so interesting for developers? Let’s dive deeper into it.

Everscale puts a lot of effort into developing its technology and creating an environment where anyone can easily create new applications on its next-generation blockchain.

Right now, Everscale offers many robust and stable tools for developers, including:

• its own API
• a software development kit (SDK) with client libraries for 20+ different programming languages
• C++ and Solidity compilers

A number of decentralized browsers and wallets are also available, supporting a wide range of management, tokenization and NFT applications.

GameFi and Metaverse SDK

Gaming, and especially gamification, is a very hot topic in the industry right now. Everscale takes it to the next level because, firstly, the blockchain is very cheap in terms of transactions, and secondly, it is incredibly fast. The SDK developed at Everscale is designed to help all game developers tokenize all in-game assets and bring the blockchain-based economy to players without the need for any special knowledge of smart contract programming.

With Everscale SDKis possible to integrate personal game wallets, in-game marketplaces, NFT issuance and burning, in-game P2P transactions, tokenization of buildings and properties, an open source marketplace API, DAO and insurance tools, and more.

API

Another attractive feature for developers building on Everscape is its own API. How do users interact with the product? What happens in it? How can historical data be quickly retrieved for individual users or wallets, or for the entire product?

The API that Everscale provides to developers is one of the best solutions on the market. It provides a query interface to all Everscale blockchain data via GraphQL. Developers can create any type of query in GraphQL – and it’s completely free. In this way, they provide product users with a high-quality experience. Quick access to details or information to make specific analyzes on any token on the Everscale blockchain is part of the standard Node package and is completely free, unlike implementations on other networks.

Infinite double cutting

To date, Everscale is the only asynchronous multi-threaded blockchain of its kind with infinite double sharding. This means that the blockchain can process virtually any number of transactions per second, as shards on Everscale are added dynamically depending on the load on the network. All the while, it maintains a high level of security, since Everscale has found a solution to the famous scalability trilemma. The network’s throughput capacity opens up enormous opportunities for creating decentralized social platforms, trading platforms, multiplayer games and other applications with large user bases.

Low transaction fees

The low transaction fees are another feature that attracts new users, developers and projects into Everscale’s orbit. The near-zero fees not only enable the creation of applications that have become commonplace in the Web2 world, but also lend themselves well to the use of this blockchain for the regular purchase and operation of CBDCs.

Grant program and hackathons

Everscale also has a comprehensive subsidy program which is ideal for small startups that have a clear vision, a strong idea and the right technical skills. In addition to funding, grant recipients can also receive advice and marketing support.

To attract new talents and bright minds, Everscale periodically organizes hackathons where both beginners and experienced developers can learn more about the blockchain, showcase their unique approach and creative solutions to building blockchain-based projects, experience how easy it is to work at Everscale, and win impressive prizes.

All these advantages and the impressive blockchain technology stack make Everscale an ideal environment for developers and a great solution for building small applications and startups, as well as for implementing the most ambitious ideas on an industrial scale.

The Everscale blockchain has already proven its sharding capabilities by performing at 63,000 tps in a real-world environment running on 16 worker chains, and that is definitely not the limit – it can scale up to a million with more worker chains running.

In addition, Everscale is developing an ecosystem and an active community of developers who contribute to the network. Implementation of SMFT consensus leads Everscale to achieve the highest level of security possible in a decentralized system, and the launch of the Reliable External Messaging Protocol (REMP) ensures that messages from any participant are delivered in a specific order within a time frame of one second.

For answers to questions and ideas about launching new use cases and dApps at Everscale, please see our technical documentation. For answers to technical questions, go to our chats in social media.