Substrate is a development framework for creating blockchains, offering different levels of abstraction depending on developer needs. It dramatically reduces the time, energy, and money required to create a new blockchain.
Substrate provides a much larger canvas for developers to experiment on, as compared to smart contract platforms like Ethereum. It allows for full control of the underlying storage, consensus, economics, and state transition rules of the blockchain, things which you generally cannot modify on a standard smart contract platform.
~ First, it reduces the burden on parachain builders by providing security-as-a-service from the relay chain. This shared security simplification lowers friction for builders and simplifies the process of launching a new parachain.
~ Second, shared security provides a framework for parachains to talk to each other, which ultimately allows parachains to specialize.
Watch this webinar video, to explore how to build decentralized apps (dApps) directly into your own blockchain using the Substrate development framework and module library.
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