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Crypto Terms:  Letter S
Jun 19, 2023 |
updated Apr 02, 2024

What is Substrate?

Substrate Meaning:
Substrate - a framework that allows the development of customized blockchains.
2 minutes

Let's find out Substrate meaning, definition in crypto, what is Substrate, and all other detailed facts.

A substrate is a blockchain or a web app framework for developing customized blockchains. It was created by Parity Technologies that enable software developers to create decentralized systems.

The substrate has a few advantages such as safe and efficient blockchain reasoning, rich user experience for any chain, interoperability with the Polkadot environment, and compatibility for other smart contract platforms like the Ethereum Virtual Machine (EVM).

Substrate-created projects may be simply launched on the Polkadot environment, allowing them to take leverage of the developing network for larger application adoption. The substrate is also compatible with just about any browser or desktop device.

Polkadot is currently one of the major blockchain projects that use Substrate as the base of their network because Polkadot was the first protocol developed on its foundation. It should be highlighted that Substrate is not a component of Polkadot and that anybody can create a new blockchain that is unrelated to the Polkadot network.

Their dApps, though, would be interoperable with Polkadot because they are based on the same architecture. The substrate has mostly been used to construct projects that improve the Polkadot environment.

Substrate offers a powerful database that developers can use to launch and manage blockchain-based apps. It also has a flexible peer-to-peer networking architecture that allows for quicker transaction throughput across blockchain networks and its members.

Furthermore, it provides features that may be modified to meet the demands of an application, such as transaction queues and runtime modules.