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Bittime - Web3's vision as a decentralized, blockchain-based version of the internet relies heavily on developers' ability to create multiple blockchain applications that can interact with each other and with networks like Ethereum and Bitcoin.
Blockchain frameworks are generally used by blockchain developers to create such applications. By using pre-built templates, they can save a lot of development time, even at the expense of limited customization capabilities.
What is Substrate?
Substrate is an open source blockchain framework that allows developers to build customized blockchains quickly. This allows building blockchains based on code that has been field tested and has been used in various blockchain projects around the world.
The essential components of any blockchain are the nodes that rely on a decentralized network of these nodes or computers to maintain a current ledger with the latest transactions. Each node in a blockchain network functions as a client and server, requesting and responding to data requests as needed.
Understanding Blockchain Substrate and How It Works
What makes the Substrate node unique is how operational responsibility is divided horizontally. It provides a modular framework for building blockchains.
Each Substrate node uses two main elements, namely an outer node that manages network activity and a runtime that determines the validity of transactions and manages changes to the blockchain state transition function.
Outer node of substrate
Outer nodes are responsible for communicating with other nodes, managing transaction pools, discovering peers, and responding to remote procedure calls (RPC) or browser requests using the Substrate RPC application programming interface (API) . Using custom runtime APIs, external nodes interact with the Substrate runtime.
Runtime Substrate
The Runtime Substrate is the core component of the node that is responsible for everything that happens in the blockchain. These nodes control how transactions are included in blocks, how blocks are returned to external nodes, and how the chain state is changed in response to transactions.
Using host functions, the Substrate runtime enables check of runtime validity and multi-platform compatibility. It also provides support for forkless upgrades to node architectures.
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Building the First Blockchain on Substrate
Substrate offers tutorials suitable for beginners and Substrate Playground for those who want to experiment without guidance. The tutorial covers all the steps without going into too much programming detail.
Additionally, Substrate provides guides on specific topics and gives access to many open source projects built using Substrate.
It's important to understand how to work with pallets in Substrate to customize the logic of each node. This allows integration with smart contracts to add functionality in the resulting blockchain.
With Substrate, you can install and run your own custom blockchain with the necessary support. Despite not having a native crypto token, the Polkadot token (DOT) is frequently used in the Substrate and Polkadot ecosystems due to its compatibility and scalability features. This reflects Substrate's focus on interoperability and scalability.
The following are the stages of building the first blockchain in Substrate.
Source: cointelegraph.com
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
What is Astar Network (ASTR)? Comprehensive Guide for Beginners
Exploring Ultra (UOS): All-In-One Blockchain Gaming Platform
Uses of Blockchain in the IoT Field
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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