Are you the one who faces a dilemma in differentiating between flow Blockchain and Ethereum? Blockchain technology has travelled a long way with novice concepts of decentralized technology on platforms and applications. Since there is an increased demand for innovative Blockchain applications, software development companies in Indore are extending and modifying the technological aspects with the integration of several types of Blockchain for NFT Development.
However, many proponents believe Flow Blockchain to be the prime and reliable NFT development platform but several opponents keep faith in Ethereum Blockchain and regard it as an exceptional NFT development platform of all. So, how should one decide between the Flow Blockchain and Ethereum for NFT development? Before we proceed to the main discussion let us understand the core concepts of Flow Blockchain and Ethereum and break down the fundamental differences between the two.
Blockchain technology has long accompanied humans and amazed us with its revolutionary features in the field of decentralized applications. Ethereum is regarded as the second largest Blockchain platform which is an open-source scaffold embedded with advanced smart contracts for automated execution. Steadily, the Ethereum Blockchain network has widened its presence in the Blockchain arena with its ever-lasting impression on crypto investors.
Way back the cryptocurrency Bitcoin paved its contribution to every crypto investor with a peer-to-peer cryptocurrency exchange. Whereas, the Ethereum network enhances digitization with the lightning speed of transactions and immaculate programming language.
A recent addition to Blockchain technology is the Flow Blockchain which was founded in 2020 and is a robust competitor to the Ethereum Blockchain technology. The history of Flow Blockchain is quite a fascinating one with the development of the crypto kitties NFTs taking the crypto world to newer assets. The creator of the Flow Blockchain, Dapper Labs introduced Flow blockchain with a vision to scale up their decentralized applications with superadded features and functionalities.
Another critical aspect of the Flow Blockchain vs Ethereum platform attributes to its nodal structure that points to high-end security drawing a billion users. Flow Blockchain functions on its own piece of programming language known as Cadence which is equipped with extraordinary smart contract functionalities. Interestingly, Flow has been among the top choices of the NBA Top Shot driving it to be the best platform for the NFT Game Development.
The Ethereum and Flow Blockchain both are pioneers in the field of the Blockchain arena. Flow is the inventory of the NFTs while Ethereum is the emerging medium for the trading of digital assets. So now let us gauge several factors and weigh them into either Flow or Ethereum Blockchain networks.
Furthermore, the Ethereum functions with horizontal scaling while the Flow functions with multi-node scaling are similar to vertical scaling.
The discussion of the Flow Blockchain and Ethereum is endless. Hence, it becomes difficult to select among the two versatile Blockchain platforms. However, with exceptional Software development companies by your side, you can break the clutter and progress into the world of advancing Blockchain technology. One such IT company in Indore, Webllisto Technologies, is a leading Blockchain development company that has exceeded its presence in California, The USA, and Lucknow, India. Our talent in the Blockchain arena is outstanding for a businessman to kick start their project under expert Blockchain development guidance.
Further, clear your understanding of the Flow Blockchain and Ethereum Blockchain from our Blockchain consultants and begin your voyage to the Blockchain sea!