Brief comparison with the best on the market.The advantages do we gain from these technological solutions are important, so here we will discuss how our Docker smart contracts compare with other popular smart contracts.1. Ethereum has a strong community and has dominated for a long period of time as the number one dApp development platform in the public blockchain arena. It has also been modified for private blockchain use (for example Quorum and Masterchain). But Solidity and EVM languages in general, for the sake of execution on a public network, have serious limitations which Vostok Docker contracts do not have.Gas. EVM languages are Turing complete, but in order to be stable in case of an attack, which would paralyse the system by executing infinite calculations, there is a limit to how many operations EVM can perform per contract execution and how complex operations can be. As a result, if we have a complex contract we may get an Out of Gas Error. This is impractical for a private network, because we require that business processes will be completed.Off-chain data. You can put some data in the Ethereum smart contracts, but the storage is quite limited and expensive. You can not, for example, write a contract for example, that requests current prices from an exchange, and uses them for other operations. In other words, you can not create a small web server using Solidity, but you can do it with Vostok – and even with your favourite programming language and framework.2. Hyperledger Fabric is currently the best-known platform for private blockchain solutions, and also brings to the table smart contracts in Docker containers. However, they are limited by the SDK and only available for Go, JS, etc. Developers have to handle a lot of low-level operations like dispatch and argument discovery, making even the simplest ‘hello world’ programme on Go 90 lines of code. This might be impractical for many developers. What’s next?We are constantly working on improving our technology and have already started work on some of the key features we will release in the coming months. To start with, we are working on security enhancements for the current protocol. In the future, smart contracts may require a multi-signature by miners involved in contract execution. We are also enhancing our mining process to support parallel mining of Docker smart contracts and ordinary transactions, along with mining multiple Docker contracts in parallel.
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How many Developers are using RIDE compared to Solidity? Is RIDE better tech? Why didn't the team spend millions marketing it? Because when Viper is released by Ethereum team, will developers use that or Ride? Is Viper better tech than Ride? We'll see I guess, but it'll certainly be better known.
what if people lose trust in Bitcoin? Ethereum? The reason stable coins work is because they are backed by networks large enough that the odds of them failing are minimal. This is also why certain stablecoins trade at a discount, like SUSD which is the SNX backed stablecoin used on the Synthetix Network.