In our previous video we learned the ropes of non-fungible tokens (NFTs) and delved into their key features and prospects. This time we suggest taking a peek at their development process.
In cooking, the taste and quality of the meal greatly depend on the ingredients that you use. The same is with NFT development where the chosen technology stack determines the success of the entire project.
Currently, Ethereum and Flow blockchains are the most popular and widely used options. Though the latter appeared quite recently, it has been competing on equal terms with its counterpart whose Ethereum 2.0 update promises to resolve scalability issues.
The two blockchains differ from each other in terms of their programming languages (Solidity for Ethereum and Cadence for Flow, correspondingly), transaction costs, consensus mechanisms, smart contract functionality, and even working philosophy.
In this video, Alex Dolgov, a top blockchain consultant, will provide a detailed overview of Flow and Ethereum blockchains and draw a comparison between the two.
Watch the video now to find out which blockchain will be suitable for your NFT campaign and don’t hesitate to contact us for more information.
00:00 A brief overview of blockchains
1:01 Solidity vs Cadence: choice of programming languages
1:43 What are the transaction costs?
2:20 Differences in consensus mechanism
3:35 Prospects of blockchains for smart contracts development
4:37 How do they differ in working philosophy?
5:35 Which one is more popular for NFT development?
6:11 Ethereum 2.0 and other plans for the future
7:07 Conclusion
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The comprehensive text overview of Flow and Ethereum blockchains is right here in our blog, check it out: https://pixelplex.io/blog/flow-vs-ethereum-comparison-best-platforms-for-nft/
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Eth seems more reliable
ETH Super slowly and Super expensive
Gas fees for smartcontract yesterday $268 😭 really idiot
Flow will be next best blockchain
Thanks for the info
might be a stupid question, but how does $flow get into circulation?
Question – Is it correct that when a developer deploys the contract for an NFT collection, they need to be given access to the private keys/seed phrases? it sounds a bit doggy .Can you help ,please?
Answer – neither. wake up folks https://youtu.be/Jf4QC1tFPCQ