Chain Chatter | Radically Changing the Hive Blockchain, with Vaultec
Hi, everyone! In this episode of Chain Chatter, we delve into VSC with @vaultec . VSC introduces to Hive one of the long-awaited features that, together with our speed and zero fees, enhances our competitiveness in the market against other blockchains: Smart Contracts.
In this episode:
- The idea behind VSC
- The adoption of the blockchain is not about costs, it's about performance
- Offering developers and users what other blockchains already offer, but better
- Writing token contracts is already possible with VSC
- Wrapping and trading Bitcoin will be live soon
- Allowing users from other blockchains to connect with their current wallets
Hive is highly competitive in terms of speed and fees, but there's more to crypto and blockchains than just that. We need to offer what users can already do on other blockchains because if they can't accomplish the same tasks here as they can on Ethereum, they may not switch even if it's free.
With VSC, it's now possible to write Smart Contracts, addressing a long-term need on Hive and serving as a significant selling point in the market. VSC supports various types of tokens and NFTs, which Vaultec explains will fill a gap that Hive has experienced.
Furthermore, contracts can be written in multiple programming languages, making it accessible for developers to use languages they already know rather than learning new ones.
Another exciting feature of VSC is the ability to wrap Bitcoin and perform swaps.
Building crypto-centric tools is a primary goal of VSC. You can already begin writing token contracts and exploring its capabilities.
Discover all this and more on this exciting episode of Chain Chatter. Exciting developments are on the horizon for Hive.
Posted Using InLeo Alpha
It certainly is exciting to see more development and a path forward to increase the functionality. There is really a lot built here and when I look at these different ecosystems I'm always trying to figure out which on is going to make it an unstoppable ecosystem. I have studied ICP a lot and there is a lot of promise there as well. With this we sort of built the community first and then have increased functionality but with ICP it sort of had the structure first and then there have been various social apps that have popped up there and become a spot where people are connecting.
Incredible moves
Wow brother these improvements on Hive and Inleo will boost its competitiveness in the crypto space, especially against platforms like Ethereum. Each ecosystem seems to take a unique path to becoming absolutely indispensable !BEER !PIZZA
$PIZZA slices delivered:
@theringmaster(1/5) tipped @khaleelkazi
What an exploding movement