Best Smart Contract Platforms for Moonriver

Ethereum is the community-run technology that powers the cryptocurrency, Ethereum (ETH), and thousands of decentralized apps. Ethereum is a technology that allows for digital money, global payments, as well as applications. The community has created a vibrant digital economy, new ways for creators of online income, and many other benefits. It's accessible to anyone, anywhere in the world. All you need is the internet. Today, billions cannot open bank accounts and others have their payments blocked. The Ethereum decentralized finance system (DeFi), never sleeps nor discriminates. You can send, receive and borrow money anywhere in the world with an internet connection. We can now access 'free' internet services without having to give up our personal data. Ethereum services are available by default. You only need a wallet. These services are free and easy-to-set up. They can be controlled by you and work without your personal information. Stake your ETH to become an Ethereum validator. Staking is a public good for the Ethereum ecosystem. You can help secure the network and earn rewards in the process.

Substrate Developer Hub, Blockchain development platform for innovators. Substrate is a modular framework which allows you to create purpose-built Blockchains by composing pre-built or custom components. You can create the perfect custom blockchain for you business. Substrate is a technology that makes it easy to create the perfect blockchain for your business. Substrate draws on the successes of the major blockchain protocols and uses them to teach developers the most recent technology to create flexible blockchains. Each blockchain is not suitable for every network. Substrate allows you to mix and match features to meet your project's requirements. Substrate's modular design allows you to reuse battle-tested libraries and build the custom components you need. Substrate is powered with the best cryptographic research. It also includes peer-to-peer network, consensus mechanisms and many other features.

Polkadot, a blockchain network, is being built to enable Web3.0. This will allow users to control their data and ensure that markets benefit from network efficiency. Gavin Wood, a former co-founder and CTO at Ethereum, founded Polkadot in 2016. Polkadot's technology solves the major problems that have hindered blockchain adoption over the past few years. Parity Technologies created Polkadot's Substrate software development toolkit that allows blockchain developers to create their own custom, fit for use blockchains. Polkadot allows multiple blockchains to communicate with each other, allows for easy upgrades, and introduces "shared Security", a plug and play network security model that allows developers focus on the technology instead of spending time and resources recruiting operators to run a new Blockchain.

There is no need to rewrite your smart contracts or reconfigure them. Moonbeam is more than an EVM implementation. It's a Layer 1.5 chain that mirrors Ethereum Web3 RPC, accounts keys subscriptions logs, and more. Moonbeam extends the base Ethereum feature sets with additional features like on-chain governance, stakes, and cross-chain integrations. You can reach segments of your market that are not accessible on Ethereum because of gas prices. You can be a "first-mover" by deploying to Polkadot’s rapidly expanding parachain ecosystem.

For blockchain developers who want rapid progress, unprecedented interoperability is available and scalability is possible. Substrate was used to build the project. It has a similar codebase and multichain infrastructure to Polkadot's cousin Kusama. Technology and society have become so interdependent that large entities are able to overstep their authority and stretch their boundaries. Kusama was created as a risk-taking network for Polkadot. It's a platform that allows change agents to take control, incite innovation, and disrupt the status quo. You can ship your product quickly if you move fast. Kusama's willingness to take risks and agile mentality allow developers to quickly move through the governance and upgrade process. This allows for rapid progress and growth. You can build on a next-generation multichain network that is sharded and uses the most recent features before they are available on Polkadot.

API3's secure, decentrally managed data feeds make it easy to create powerful decentralized applications. API3 data feeds (dAPIs), aggregate data from first party oracles. They are operated by some the most reputable API providers in the world. Transparent, decentralized, trust-minimized governance. Instead of third-party intermediaries, first-party oracles. Users are covered against data feed failures For any smart contract platform, real-world data. API3 data feeds are managed by an open DAO made up of industry experts, stakeholders, and project partners. This allows dAPIs maximum transparency, minimal trust in centralized operators, as well as no centralized attack surface. API token holders can participate directly in the governance of the project by purchasing API3 tokens and staking them into the API3 insurance contract. This grants them shares in API3 DAO.

Connect your smart contract with the outside world. Chainlink's decentralized Oracle network provides reliable, tamperproof inputs and outgoings for complex smart contract on any blockchain. Start building your universally connected smart contracts. To connect high-quality and accessible data/APIs to any smart contracts, use decentralization, trusted data, premium data, cryptographic proofs, and trust nodes. A flexible framework can be used to retrieve data from any API, connect to existing systems, and integrate any blockchain, both now and in the future. Integrate battle-tested and proven oracle solutions that have secured billions in value for leading blockchain projects. Independently verify Chainlink's open source code, performance of its oracle network, and quality of individual node operator.

Band Protocol is a crosschain data oracle platform. It aggregates and connects real world data and APIs to smart contract data. Blockchains excel at immutable storage, deterministic, verifiable calculations, and are highly secure. They cannot however access trusted real-world data outside of their networks. Band Protocol improves smart contract functionality by giving them access to reliable data without any central point of failure. Decentralized Finance applications require price feeds on token swap or loan collateralization process. Developers can create DeFi with Band Protocol's built in price oracle. They can be certain that the price feeds used are robust and tamperproof.