fbpx
Connect with us
Apply Now

Executive Voice

What is Polkadot Substrate and the TOP Three Benefits of Substrate

polkadot

What is the Substrate?

Parity Technologies has condensed all its learnings from creating Bitcoin, Ethereum, and Polkadot clients into a development stack dubbed Substrate. The substrate app is a development framework that allows you to develop tools and blockchains with the least amount of effort. Some functions, like networking, consensus, and storage, are shared by all blockchains.

Top Three Benefits of Substrate:

  • Substrate lowers the threshold for building a blockchain. Any blockchain developed with Substrate will be natively interoperable with Polkadot, allowing you to connect into Polkadot as a para-chain when the mainnet launches. You have the option of designing your chain that is tailored to your specific application’s requirements. You will obtain Polkadot’s network effects by integrating your blockchain into Polkadot. You’ll also benefit from Polkadot’s pooled security, eliminating the need to build and incentivize a community to protect your blockchain.
  • Substrate makes it easy to plug in this functionality, allowing you to focus on the core of your application.
  • The substrate has several advantages over other blockchain development kits, including the ability to change your runtime without a hard fork. Your runtime is a Wasm binary stored on-chain and may be changed using your chain’s governance mechanism. You may alter your runtime (application logic) without a fork as long as your fundamental layer (networking, consensus, synchronization) remains constant. Furthermore, you may build the blockchain logic in any language that can compile to WebAssembly (Rust, C/C++, C#, Go, and so on).

What is the use of Substrate?

The requirement for various blockchain functionality for different use cases is reflected in the diversity of contemporary apps. Because establishing a blockchain from scratch was so laborious, general-purpose blockchains were beneficial because apps on a single chain could communicate with one other. On the other hand, the one-blockchain model compelled every application to work within the constraints of the underlying chain. Upgrades to the chain and on-chain apps became practically impossible as a result.

Substrate and Polkadot provide apps the freedom to create their blockchain while also using a general-purpose framework’s infrastructure and interoperability. Like Cosmos and Aion, many groups have been working hard to develop blockchain SDKs and enable interchain token transfers. While token transfers are helpful, Substrate and Polkadot were designed to allow for arbitrary message forwarding. This paves the way for any Web3 application to succeed.

Web3 Communication Development:

By connecting your chain into Polkadot’s pooled security paradigm, your chain may send arbitrary messages to other chains and protect your blockchain. No additional interoperability platform will support this as of yet. The following are some examples of arbitrary data interoperability:

Oracle services that connect real-world data to the blockchain Identity management system that connects user identities across various apps

Escrow and decentralized exchange order books

IoT networks receive messages from other networks or controllers.

Calls to cross-chain smart contracts

Messages are sent back and forth between private and public chains.

Substrate’s included tools:

When you use Substrate to create your blockchain, you’ll obtain the following tools. This infrastructure consists of the following elements:

  • Polkadot Telemetry Service — network information including what nodes are running your chain, what software versions they are running, and sync status.
  • Polkadot JS’ Substrate and Polkadot UI — built with React.js and RxJS. API docs and examples available.
  • Substrate UI — built with the Bonds oo7 library. API Docs available.
  • Polkadash — validator monitor.
  • Polkabot — network monitoring and reporting.
  • Polkascan — blockchain data explorer and analytics.

Substrate is a great place to start building your app:

You may start creating your chain with Substrate, whether you want to build a parachain for the Polkadot network or you just want the most easy approach to design your blockchain solution. To begin started, here are some resources:

  • Developer Hub & Documentation
  • Substrate Collectables tutorial
  • Building a TCR on Substrate
  • Build a Proof of Existence Blockchain with Substrate
  • ERC721 Implementation on Substrate
  • Build and maintain a Substrate runtime events based off-chain storage using the Substrate Events listener
  • How to deploy a Polkadot Parachain on the Polkadot testnet
Continue Reading


Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.


Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.