Soarchain is a Cosmos appchain or application-specific blockchain. Unlocking the benefits of this technology over smart contracts helps to bring out its robust potential for developers and users alike! Here are some of the essential points:
1. Appchains are revolutionizing the way we use decentralized applications. Through appchains, stakeholders can unlock greater independence and gain control over their application’s governance. This means that decision-making is no longer wholly dependent on a general-purpose virtual machine; instead, individual users now have an unprecedented level of sovereignty to shape the growth and development of their own apps!
2. Appchains offer unprecedented performance and scalability that far surpass traditional smart contracts. As each appchain is run at a state-machine level instead of being interpreted by a virtual machine intended for generic purposes, it dramatically accelerates execution speed without sacrificing flexibility or security. Soarchain also takes it one step further — by allowing modern Layer-2 scaling solutions to be implemented on top of it, countless possibilities are opened up in terms of future scalability!
3. With appchains, developers get an unprecedented degree of flexibility. They can use whichever programming language they’re most comfortable with for their decentralized application’s state machine and could even change the underlying consensus engine if necessary. This versatility is ideal for cases like Soarchain’s network, where different hardware nodes interact in complex ways — allowing devs to find the right tech solution without restrictions or limits!
4. Appchains provide a powerful solution to the complex problem of token economics. By decoupling an application from a general-purpose virtual-machine blockchain, developers can leverage their tokens that are better suited for their specific use case and enjoy greater stability in terms of value prediction. This means users can access a currency with more consistent value and feature-specific utility — enabling smoother transactions and making it easier to predict outcomes according to real-world values. This is another way appchains empower decentralized applications with proactive solutions tailored to fit each unique situation.
With an appchain, developers can craft a native token tailored to their application’s needs. This enables them to take control of the asset’s value and predict transactions within their app — facilitating stability for users. Soarchain leverages this technology by creating a specifically designed V2X-token according to its mobility ecosystem rather than relying on existing virtual machine blockchains, ultimately giving participants in the system confidence about using it.
Building a decentralized V2X connectivity and data ecosystem for transportation and mobility requires a flexible, performant, sovereign, and durable platform. Appchains meet these requirements more than smart contracts, making them the better choice for powering Soarchain. If you want to learn more about how we’re using appchains or have questions about our other features, please reach out to us. We would be happy to chat with you about what makes Soarchain special.
