If you build it, the parachains will come. That’s the anticipation of Polkadot as the multi-chain prepares for the rollout of the last core piece of functionality, the parachains, this year. Our aim has always been to make it quick and easy for parachains to build their blocks and deploy on Polkadot using our smart contract virtual machine (VM).
As we move from alpha into testnet node, we are delighted with the results of our current tests. In this demo video, you can see a smart contract being rapidly deployed and operating without hitches on a node — a teaser for developers on the next-gen smart contract implementation environment, using our EWASM (Ethereum favoured WebAssembly) coming this month.
The tech team is now working on the integration of the EVM-pallet into the node to prepare for a full-function testnet launch next week. In this next iteration, developers will be able to do live testing of their current smart contracts on Ethereum to deploy on ParaState testnet. Then ParaState will become the first production-ready Ethereum compatible Substrate blockchain that both supports EVM & EWASM in the Polkadot ecosystem.
A complete suite of Substrate models (i.e. Web3.js/Polkadot.js gateway, Web3.js tooling (blockchain explorer, faucet, IDEs), compilers and language SDKs, EVM & EWASM runtime are fully opened to the developer community. These models are available as both standalone Substrate pallets and Parachain Cumulus. Take the advantage of this opportunity to gain higher performance for your applications without sacrificing composability.
We expect many developers to come to build with us and explore the new Ethereum frontier. Easy migration is made possible because we support mature tooling for Ethereum, over 20+ programming languages and existing smart contracts through the integration of the EVM pallet into the Substrate blockchain, enabling developers rapid deployment without a painful learning curve within the Substrate framework.
Further according to Web3 Foundation official data, more than 100 projects are developing their own Substrate blockchains, which are welcome to integrate with our EWASM pallet to achieve higher performance and a better user experience.
Among ParaState’s unified developer community, single-chain maximalism gives way to interoperability. The increased composability of the software stack on our Layer 1 solution on the interoperable Polkadot, a blockchain of blockchains, is creating one of the most versatile and active sandboxes in the blockchain space.
As we’re ready for testnet, the team is preparing detailed documentation for the Web3 Foundation for the final grant delivery. ParaState is the only project among over 200 projects receiving grants from the Web3 Foundation to port the EWASM pallet into the Substrate ecosystem. With the onboarding of the interoperable parachains built in the ParaState VM, parachains can instantaneously exchange functionality and value and a thriving Polkadot ecosystem will come to life.
The next and future evolution of our system will be in the hands of the builders, the developers, who will be free to innovate and iterate together. We are tremendously excited about what’s to come.
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