Protocol is a technology platform that enables developers to easily build decentralized applications (dApps) on top of the blockchain. The platform provides smart contract templates, development tools, and a comprehensive developer community to create innovative blockchain-based solutions.
Protocol was founded in 2017 by Alexander Skidanov and Jutta Steiner.
The company raised $19 million in a 2018 ICO.
In 2019, Protocol launched its mainnet, enabling developers to start building dApps on the network.
The company has partnerships with several other blockchain companies, including Chainlink and Polkadot.
Ethereum is an open-source decentralized blockchain platform that enables developers to build and deploy smart contracts and decentralized applications.
EOS is a blockchain-based platform for the development of decentralized applications and smart contracts. It aims to be scalable, flexible, and user-friendly for developers and users alike.
Tron is a blockchain-based decentralized platform that aims to create a free, global digital content entertainment system. It enables the creation and distribution of content, as well as peer-to-peer communication and transaction.
The Protocol Core is the underlying technology infrastructure that enables the creation and deployment of smart contracts and dApps on the Protocol network.
Protocol provides several pre-built smart contract templates to help developers get started with building their own dApps quickly and easily.
Protocol offers a suite of development tools, including a command line interface, a web3 provider, and a JavaScript library, to make it easy for developers to work with the platform.
Protocol is a technology platform that enables developers to easily build decentralized applications (dApps) on top of the blockchain. The platform provides smart contract templates, development tools, and a comprehensive developer community to create innovative blockchain-based solutions.
While both Protocol and Ethereum are platforms for building decentralized applications, there are several key differences. Protocol focuses on scalability and ease of use for developers, while Ethereum has a more established network and a wider range of available tools and resources.
Using Protocol enables developers to build decentralized applications quickly and easily, with access to a comprehensive set of tools and resources. The platform also provides scalability and flexibility, making it a good choice for projects of any size.
No, Protocol does not have its own cryptocurrency. However, developers who build dApps on the network may choose to integrate a cryptocurrency or token into their applications.
Protocol uses a consensus mechanism called Tendermint, which is designed to be Byzantine fault tolerant (BFT). This ensures that the network is secure and resistant to attacks by malicious actors.