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Overcoming Complexity: BlockDAG Simplifies Token and Contract Creation

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by Giorgi Kostiuk

3 days ago


Platforms like Solana and XRP have gained attention for their scalability and efficiency, yet smart contract deployment on such platforms can still pose significant challenges for developers. BlockDAG offers an alternative by using no-code token and contract creation, ensuring security while simplifying the process.

Solana: From Inception to Present

Solana, conceptualized by Anatoly Yakovenko in 2017, officially launched its mainnet in March 2020. It aimed to address blockchain scalability issues with a unique consensus mechanism called Proof of History (PoH), combined with Proof of Stake (PoS), attracting significant attention and investments, and achieving high levels of token value and popularity.

XRP: Evolution and Market Performance

Designed for fast and cost-effective cross-border payments, the XRP Ledger was developed in June 2012 by engineers David Schwartz, Jed McCaleb, and Arthur Britto. Chris Larsen joined the team, and with other investors like Google Ventures, ensured significant funding for the project's growth and adoption.

BlockDAG's New Solution

BlockDAG sets a new standard by eliminating complex coding through its Token & NFT Wizard. Developers can create ERC-20, 721, and 1155 tokens without writing any code, lowering the entry barrier. Pre-audited contracts, secured by companies such as Certik and Halborn, provide reliability and safety for new projects.

BlockDAG significantly simplifies the process of creating and deploying digital assets by removing technical barriers. This makes blockchain more accessible to developers of all skill levels and promotes broader adoption of technology.

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