September 06, 2022

Substrate

Substrate

What is Substrate?

Substrate is a blockchain framework, more precisely a platform for creating customized blockchains. These blockchains may run completely autonomously, which means they do not require any other technology to function.

Understanding Substrate

The Polkadot network, on the other hand, was constructed by Parity, the startup behind Substrate (cofounded by Ethereum cofounder Gavin Wood). Polkadot is a decentralized, protocol-based blockchain platform that allows for secure cross-blockchain communication.

Polkadot can thus be used as a form of bridge across blockchains, handling the communication layer between chains and allowing multiple blockchains to connect (even systems such as Ethereum and Bitcoin). This signifies substantial progress toward realizing Web3’s vision of a decentralized, blockchain-based internet.

Substrate provides first-class support for integrating with Polkadot because they were developed by the same individuals, therefore any blockchain you create with Substrate may be smoothly linked into Polkadot.

Substrate also offers forkless runtime updates, which allow you to upgrade the blockchain’s state transition mechanism without causing a hard fork.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet. 

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Damir Yalalov
Damir Yalalov

Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet. 

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