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How to Create a Multi-Signature Wallet on Solana using Rust
What is a Multi-Signature Wallet?Multi-signature (multi-sig) wallets play a crucial role in enhancing the security and reliability of cryptocurrency transactions. Unlike standard wallets, which rely on a single private key for control, multi-sig wallets require approvals from multiple private keys before a transaction can be authorized. This shared-approval mechanism reduces the risk of a single point of vulnerability, making multi-sig wallets especially valuable for teams, DAOs, and organizations that manage funds collectively. By spreading responsibility across multiple key holders, these wallets ensure that no single user has unchecked control over the funds, increasing security and accountability. Explore more about crypto wallets with our crypto wallet development services.In a multi-sig wallet, a configuration is set to require a specific number of approvals (M) out of a total number of keys (N) to authorize a transaction. For instance, a 2-of-3 multi-sig setup means that any two of the three signatories must approve a transaction before it can be completed. This structure enables a system of mutual oversight, where each participant plays a role in safeguarding assets, greatly reducing the likelihood of misuse or unauthorized access.Additionally, multi-sig wallets support more transparent, collaborative governance structures, which align well with the decentralized ethos of blockchain technology. By requiring multiple approvals, these wallets allow for shared decision-making and control, empowering groups to protect assets in a secure, decentralized manner.In this developer's guide, we will explore the steps to create a multi-signature wallet on Solana.Prerequisite TechnologiesBefore proceeding with the implementation, make sure to have the following tools and technologies ready:Rust: The main programming language used for development on Solana.Solana CLI: Tools that allow command-line interaction with the Solana blockchain.Rust libraries: A good understanding of Rust libraries that assist with cryptographic operations and account management.You may also like | Develop a Multi-Token Crypto Wallet for Ethereum with Web3.jsCode Implementation | Creating a Multi-Signature Wallet on SolanaBelow are the essential components of the multi-sig wallet implementation. After initializing an empty Rust Project,create the following files in your project directory.# Inside the 'src' Folder-> processor.rs: This file contains the core logic of your multi-sig wallet, handling transactions and validating signatures.
// processor.rs
use solana_program::{
account_info::{next_account_info, AccountInfo},
entrypoint::ProgramResult,
msg,
program_error::ProgramError,
pubkey::Pubkey,
};
use crate::{instruction::MultiSigInstruction, state::MultiSig, error::MultiSigError};
use borsh::{BorshDeserialize, BorshSerialize};
pub struct Processor;
impl Processor {
pub fn process(
program_id: &Pubkey,
accounts: &[AccountInfo],
instruction_data: &[u8]
) -> ProgramResult {
let instruction = MultiSigInstruction::unpack(instruction_data)?;
match instruction {
MultiSigInstruction::Initialize { owners, threshold } => {
Self::process_initialize(accounts, owners, threshold, program_id)
},
MultiSigInstruction::SubmitTransaction { transaction_id } => {
Self::process_submit_transaction(accounts, transaction_id, program_id)
},
MultiSigInstruction::Approve { transaction_id } => {
Self::process_approve(accounts, transaction_id, program_id)
},
MultiSigInstruction::Execute { transaction_id } => {
Self::process_execute(accounts, transaction_id, program_id)
},
}
}
fn process_initialize(
accounts: &[AccountInfo],
owners: Vec<Pubkey>,
threshold: u8,
program_id: &Pubkey,
) -> ProgramResult {
let account_info_iter = &mut accounts.iter();
let multisig_account = next_account_info(account_info_iter)?;
if owners.len() < threshold as usize {
msg!("Insufficient number of owners for the threshold.");
return Err(ProgramError::InvalidInstructionData);
}
let multisig_data = MultiSig {
owners,
threshold,
approvals: 0,
executed: false,
};
multisig_data.serialize(&mut &mut multisig_account.data.borrow_mut()[..])?;
Ok(())
}
fn process_submit_transaction(
accounts: &[AccountInfo],
transaction_id: u64,
program_id: &Pubkey,
) -> ProgramResult {
let account_info_iter = &mut accounts.iter();
let multisig_account = next_account_info(account_info_iter)?;
let mut multisig_data = MultiSig::try_from_slice(&multisig_account.data.borrow())?;
if multisig_data.executed {
msg!("Transaction already executed.");
return Err(MultiSigError::AlreadyExecuted.into());
}
multisig_data.approvals = 0;
multisig_data.executed = false;
multisig_data.serialize(&mut &mut multisig_account.data.borrow_mut()[..])?;
Ok(())
}
fn process_approve(
accounts: &[AccountInfo],
transaction_id: u64,
program_id: &Pubkey,
) -> ProgramResult {
let account_info_iter = &mut accounts.iter();
let multisig_account = next_account_info(account_info_iter)?;
let signer_account = next_account_info(account_info_iter)?;
let mut multisig_data = MultiSig::try_from_slice(&multisig_account.data.borrow())?;
if !multisig_data.owners.contains(signer_account.key) {
msg!("Signer is not an owner.");
return Err(MultiSigError::NotOwner.into());
}
multisig_data.approvals += 1;
multisig_data.serialize(&mut &mut multisig_account.data.borrow_mut()[..])?;
Ok(())
}
fn process_execute(
accounts: &[AccountInfo],
transaction_id: u64,
program_id: &Pubkey,
) -> ProgramResult {
let account_info_iter = &mut accounts.iter();
let multisig_account = next_account_info(account_info_iter)?;
let mut multisig_data = MultiSig::try_from_slice(&multisig_account.data.borrow())?;
if multisig_data.approvals < multisig_data.threshold {
msg!("Not enough approvals to execute transaction.");
return Err(MultiSigError::InsufficientSigners.into());
}
multisig_data.executed = true;
multisig_data.serialize(&mut &mut multisig_account.data.borrow_mut()[..])?;
Ok(())
}
}
Also, Check | Developing Cross-Platform Crypto Wallet with Web3.js & React-> instruction.rs : This file defines the instructions that can be executed by the multi-sig wallet, including methods for adding signatories, removing them, and executing transactions.
// instruction.rs
use borsh::{BorshDeserialize, BorshSerialize};
use solana_program::program_error::ProgramError;
use solana_program::pubkey::Pubkey;
[derive(BorshSerialize, BorshDeserialize, Debug)]
pub enum MultiSigInstruction {
Initialize { owners: Vec<Pubkey>, threshold: u8 },
SubmitTransaction { transaction_id: u64 },
Approve { transaction_id: u64 },
Execute { transaction_id: u64 },
}
impl MultiSigInstruction {
pub fn unpack(input: &[u8]) -> Result {
let (tag, rest) = input.split_first().ok_or(ProgramError::InvalidInstructionData)?;
match tag {
0 => {
let owners = Vec::::deserialize(&mut &rest[..])?;
let threshold = *rest.get(owners.len() * 32).ok_or(ProgramError::InvalidInstructionData)?;
Ok(Self::Initialize { owners, threshold })
},
1 => {
let transaction_id = u64::from_le_bytes(
rest.get(..8).ok_or(ProgramError::InvalidInstructionData)?.try_into().unwrap(),
);
Ok(Self::SubmitTransaction { transaction_id })
},
2 => {
let transaction_id = u64::from_le_bytes(
rest.get(..8).ok_or(ProgramError::InvalidInstructionData)?.try_into().unwrap(),
);
Ok(Self::Approve { transaction_id })
},
3 => {
let transaction_id = u64::from_le_bytes(
rest.get(..8).ok_or(ProgramError::InvalidInstructionData)?.try_into().unwrap(),
);
Ok(Self::Execute { transaction_id })
},
_ => Err(ProgramError::InvalidInstructionData),
}
}
}
-> lib.rs: This file sets up the entry point for your program, initializing necessary components.
// lib.rs
use solana_program::{
account_info::AccountInfo,
entrypoint,
entrypoint::ProgramResult,
pubkey::Pubkey,
};
pub mod instruction;
pub mod processor;
pub mod state;
pub mod error;
pub mod utils;
entrypoint!(process_instruction);
fn process_instruction(
program_id: &Pubkey,
accounts: &[AccountInfo],
instruction_data: &[u8],
) -> ProgramResult {
processor::Processor::process(program_id, accounts, instruction_data)
}
Also, Read | How to Build a Multi-Chain Account Abstraction Wallet#Inside the utils Folder-> utils.rs: Utility functions that assist in various operations, such as validating signatures or formatting transactions.
// utils.rs
use solana_program::{
account_info::AccountInfo,
pubkey::Pubkey,
};
pub fn is_signer(account_info: &AccountInfo, pubkey: &Pubkey) -> bool {
account_info.is_signer && account_info.key == pubkey
}
-> error.rs: Defines custom error types that can be returned by your program, improving debugging and error handling.
use thiserror::Error;
use solana_program::program_error::ProgramError;
[derive(Error, Debug, Copy, Clone)]
pub enum MultiSigError {
#[error("Insufficient signers")]
InsufficientSigners,
#[error("Transaction already executed")]
AlreadyExecuted,
#[error("Owner not recognized")]
NotOwner,
}
impl From for ProgramError {
fn from(e: MultiSigError) -> Self {
ProgramError::Custom(e as u32)
}
}
-> state.rs: This file manages the state of the wallet, including sign and pending transactions.
// state.rs
use borsh::{BorshDeserialize, BorshSerialize};
use solana_program::pubkey::Pubkey;
[derive(BorshSerialize, BorshDeserialize, Debug)]
pub struct MultiSig {
pub owners: Vec,
pub threshold: u8,
pub approvals: u8,
pub executed: bool,
}
}
-> Cargo.toml : This is the main configuration file for any rust project, that defines all the external dependencies to be used in a versioned manner.
[package]
name = "multi_sig"
version = "0.1.0"
edition = "2021"
[dependencies]
bincode = "1.3.3"
borsh = "1.5.1"
log = "0.4.22"
serde = "1.0.213"
solana-program = "2.0.14"
thiserror = "1.0.65"
[lib]
crate-type = ["cdylib", "lib"]
Also, Check | How to Build a Cryptocurrency Wallet App Like ExodusConclusionIn this quick developers' guide, we discovered how to create and set up a multi-signature wallet on Solana using Rust. Doing so is both a technical accomplishment and a strategic initiative aimed at improving security and trust within decentralized finance. By necessitating multiple approvals for every transaction, multi-sig wallets address the risks posed by single-key control, thereby reducing the threats related to potential fraud, theft, or improper handling of funds. This system of approvals is especially beneficial for organizations, DAOs, and collaborative projects that require high standards of accountability and shared control. If you are looking to create a multi-signature wallet on Solana or any other blockchains, connect with our Solana developers to get started.As an increasing number of organizations and institutions embrace blockchain technology for transparent and secure asset management, multi-sig wallets are expected to become essential. They not only safeguard digital assets but also ensure that all stakeholders have a say in the decision-making process. This model of collaborative governance is in perfect harmony with the fundamental principles of decentralization, rendering multi-signature wallets a crucial component in the advancing field of blockchain technology. Adopting this method not only protects assets but also enables organizations to function with improved transparency, security, and reliability.
Aditya Sharma
30 Oct 2024
Chain Abstraction Explained | Key Benefits You Need to Know
The world of Web3 is blooming extensively. Did you know that in Q2 of 2024, the decentralized application (dApp) industry saw a game-changing surge? Daily unique active wallets (UAW) reached an all-time high of 10 million, reflecting a remarkable 40% increase from the previous quarter. ThisDappRadar report highlights the strong growth and rising user interest in decentralized applications. However, to sustain and further accelerate this growth in dApp usage, we must address a key challenge: the complexities of navigating the decentralized web. This includes the complex Dapp navigation from different wallets, and gas fees to users switching between multiple blockchain networks. This challenge is a major concern as it impedes smooth web3 user experiences and drops significant mainstream adoption. Chain abstraction emerges as one of the keyblockchain solutions to this challenge of mass adoption in the Web3 space. It empowers developers to build applications that function seamlessly across multiple blockchains, simplifying the overall user experience. This technology alleviates complexity for users. It enables them to engage with various dApps without having to understand the details of different blockchain protocols. Consequently, it enhances accessibility and convenience, driving the overall growth of the Web3 ecosystem.In this blog, let's explore how this chain abstraction innovation is paving the way for the future of decentralized applications and Web3.Also Read |ERC-4337: Ethereum's Account Abstraction ProposalWhat is Chain AbstractionImagine if you could only send messages from an iPhone to another iPhone, but not to an Android. Frustrating, right? Now, translate that to Web3: users want to interact with decentralized applications (dApps) across different blockchains but often face unnecessary UX barriers. For instance, you might be excited to buy a new token getting lots of buzz, only to find it's on a blockchain you've never used. You don't have the right wallet, or the native token for fees. Now you have to create a wallet, learn how the blockchain works, and navigate its interface. It's time-consuming, confusing, and frankly, a roadblock to the seamless experience we expect.As more dApps expand across multiple blockchains, these challenges grow. The complexity becomes overwhelming, not just for users but also for developers looking to scale their apps across chains. How time-consuming should it be?Definition: Chain abstraction isNEAR's solution to untangling the complexities of blockchain interaction. It makes blockchain invisible to the end user. They don't need to know which blockchain they're using, or even that they're using one at all. It allows users to interact with any blockchain using a single, familiar interface, while tools and libraries handle all the technical details in the background.Chain abstraction lets users connect with any blockchain through one interface. For this, tools and libraries handle the complex details of each blockchain, simplifying the process. For example, users can buy tokens on Near, Ethereum, or Solana with their MetaMask wallet, without needing different wallets or switching blockchains.Explore|ERC 4337: Account Abstraction for Ethereum Smart Contract WalletsNeed For Chain AbstractionThe vision of Web3 stands very simple: to build a decentralized internet where users have full control over their digital interactions and assets. However, the reality of using decentralized applications (dApps) today often falls short of this goal. Users must navigate a complicated landscape of exchanges, wallets, gas fees, and different blockchain networks. This results in a disjointed, frustrating, and fragmented user experience that poses a major obstacle to widespread adoption.Also, Web3 tackled scalability by breaking blockchain functions like settlement and execution into separate parts. This shift sparked the creation of layer-2 solutions, rollups, sidechains, and state channels. While this approach boosted scalability, it also increased fragmentation. Each solution built its own ecosystem, leading to isolated liquidity pools, divided user bases, and added complexity for both developers and users.For example, a user trying to purchase an item via a dApp must first buy crypto on an exchange, transfer it to a compatible wallet, switch to the correct network, and check that they have enough gas fees. They then complete the transaction, which often involves multiple confirmations and signatures. But does this process sound anything like the seamless, user-friendly experience that Web2 applications offer? That's whychain abstraction emerges as a key development for Web3's future.As we explore the evolving Web3 landscape, several significant challenges stand out, creating friction for both developers and users:✔Handling Multiple Wallets and Addresses: Users frequently manage several wallets and blockchain addresses, complicating their digital interactions and introducing unnecessary UX friction.✔Manual Asset Bridging: Transferring assets across different blockchains generally requires manual bridging, a process that is both tedious and inconvenient.✔Navigating Gas Fees and Token Structures: The diverse gas fees and token structures across various networks add layers of complexity, forcing users to navigate unfamiliar systems.✔Network Switching: Accessing various decentralized applications (dApps) often necessitates switching between networks, which can be both confusing and frustrating for users.✔Comprehending Technical Variations: Users often struggle with the technical differences among various blockchains, making it challenging to effectively engage with decentralized applications.Check It Out |A Quick Guide to Ethereum ERC Token StandardsHow Does Chain Abstraction WorkThe concept makes interacting with multiple blockchains easier by using tools and libraries that handle the complexity for you. Instead of dealing with each blockchain individually, users can connect to any chain through a single interface, while the system quietly manages the different networks, wallets, and tokens behind the scenes. This streamlined approach allows dApps to scale smoothly across multiple chains, all while maintaining a seamless, user-friendly experience.The infographic below clearly illustrates how integrating the concept simplifies the Web3 landscape.Suggested Read |How to Create an NFT Rental Marketplace using ERC 4907Benefits of Chain AbstractionDefragmenting Liquidity and Avoiding UX FrictionChain abstraction unifies fragmented ecosystems, simplifying interactions across different blockchains.Simplified DevelopmentDevelopers can build without needing deep expertise in the specifics of each blockchain.InteroperabilityEasily connect and operate across multiple blockchains using the same interface.No Lock-InUsers can switch between or use multiple blockchains freely, without being tied to one ecosystem.Cost SavingsUsers can select blockchains with lower fees, optimizing their transactions without the hassle.Better User ExperienceChain abstraction removes the need for users to understand blockchain mechanics, delivering a smooth, intuitive experience.ScalabilityDistribute workloads across different chains, improving efficiency.Enhanced SecurityChain abstraction allows users to leverage the most secure features from different blockchains.Read Also |How to Build a Multi-Chain Account Abstraction WalletCase Studies of Chain AbstractionChain abstraction has real, tangible applications. For instance, it streamlines asset transfers between the NEAR blockchain and Ethereum, allowing users to move assets seamlessly between the two ecosystems. The ease of switching between chains without manual intervention represents a significant leap in the Web3 experience. Let's focus on the below-mentioned case studies.NEAR ProtocolCross-Chain Interoperability: With its user-friendly design, NEAR offers a Proof-Of-Stake (PoS)Layer 1 solution for building dApps without the need for extensive blockchain knowledge. NEAR facilitates interaction between multiple blockchains by allowing users and developers to transfer assets and data seamlessly across networks. This interoperability is a core aspect of chain abstraction.Key Statistic: Daily active addresses reached1.2 million in July 2024, a 42% quarter-over-quarter increase and a 377% rise over six months.ThorchainNon-Custodial Asset Exchange: Built using the Cosmos SDK,Thorchain is a decentralized liquidity protocol that enables permissionless, cross-chain swaps between different cryptocurrencies. It enables users to swap assets across different blockchains in a non-custodial manner. This means users retain control of their funds, exemplifying chain abstraction by allowing seamless asset transfers without centralized intermediaries.Key Statistic:As of now, THORChain's 24-hour trading volume isapproximately$61,331,729. (CoinGecko Report)Particle NetworkCross-Chain Integration and Identity Solutions:Particle Network is a blockchain project focused on chain abstraction and modular blockchain infrastructure. It provides tools and Application Programming Interfaces (APIs) for developers to create applications that interact with multiple blockchains. Its decentralized identity solutions allow users to manage assets across various networks, further demonstrating chain abstraction by ensuring a unified user experience regardless of the underlying blockchain.In summary, these projects exemplify chain abstraction by enabling cross-chain interactions, enhancing user experiences, and promoting interoperability among different blockchain networks. This trend is crucial for the evolution of decentralized applications and the broader Web3 ecosystem.Key Statistic:After achieving900+ integrations and activating over 17 million wallets, Particle Network launches its L1 to enhance Web3 solutions by addressing the biggest UX challenge: user and liquidity fragmentation. This solution is called chain abstraction.Recommended Post |Blockchain Consensus AlgorithmsFuture Outlook and Impact of Chain Abstraction on BusinessesThe future of chain abstraction in blockchain technology promises significant growth and innovation. By 2025, experts expect chain abstraction to become a cornerstone of blockchain interoperability, simplifying how users and developers interact with multiple blockchain networks. As the blockchain ecosystem continues to evolve, chain abstraction will create a more integrated, user-friendly, and secure environment, ultimately paving the way for broader adoption and innovation in the industry.Chain abstraction simplifies cross-chain interactions, reducing costs and enhancing security. It allows businesses to seamlessly integrate multiple blockchain networks, fostering innovation and adaptability. Developers can deploy applications quicker, while users enjoy a smoother experience. This leads to efficient large-scale operations, positioning businesses for success in the evolving digital landscape.Summing UpChain abstraction is more than just a technical innovation. it's a transformative approach to making blockchain interactions invisible, seamless, and user-friendly. As the Web3 space continues to evolve, solutions like chain abstraction will pave the way for broader adoption, helping to realize the full potential of decentralized applications. By simplifying blockchain interactions, it will allow businesses to scale more effectively, unlock new opportunities, and deliver a far better user experience.At Oodles Blockchain, we understand that the blockchain world can be both exciting and overwhelming. Therefore, our passionate team of expertblockchain developers is here to guide you through this transformative journey. Whether you want to build innovative cross-chain decentralized applications or optimize your blockchain interactions via chain abstraction, we're dedicated to bringing your ideations to life.Let's not let the blockchain revolution pass you by. Reach out to us now, and let's explore how we can help you harness the power of chain abstraction for a seamless user experience and greater operational efficiency. We're excited to embark on this journey with you!
Technology:
ETHERSCAN
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IPFS
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Category:
Blockchain
Saumya Srivastava
15 Oct 2024
Rise of Decentralized Blockchain Video Streaming Solutions
Blockchain has caught the attention of one and all in the digital world. Its decentralized and distributed approach has demonstrated the potential to transform the traditional functioning of various industrial sectors. Another one that holds great potential to be revolutionized is the realm of blockchain-based video streaming development. Currently, new-age video streaming platforms like Netflix, Amazon Prime, Twitch, etc. have a large market share. With their live video streaming services, they provide enhanced and enriched user experiences. Users have these live video streaming channels easily available at their fingertips, on their smartphones. Indeed, watching live videos, including educational sessions, webinars, movies, and music online has become a default. Now, technology enthusiasts are exploring ways to combine these two domains. Significantly, developing blockchain-based video streaming platforms can change the realm of live streaming, altogether.Why is Blockchain-based Video Streaming EssentialWithin the video streaming sector, live video streaming is a rapidly growing segment with millions of people watching live videos online. Although the growth of live video streaming is significant, it still deals with issues like less bandwidth and storage. Also, centralized cloud servers manage the storage, networking, delivery, and other essential aspects. As these servers are hosted by bigwigs like Amazon (AWS) or Google (Cloud), these companies earn whopping amounts of profit from this sector. Also, developers and publishers of these platforms act as intermediaries that increase the content streaming cost. Indeed, the original video creators and innovators get no authority over their content. They are bound to settle with rules laid out by centralized controlling parties. Therefore, the increased interest and reliance on live video streaming channels require decentralization. It has laid the foundation for creating Blockchain-based video streaming platforms.Blockchain-based Video StreamingAt Oodles, we can developblockchain-based video streaming platformsthat can address the above-mentioned issues. Let us explore, how? Devoid of any central power, blockchain is essentially a peer-to-peer, distributed ledger network. It can facilitate video content creators to take advantage of its decentralized system. They can publish, deliver, or broadcast any video content directly to consumers without depending on a centralized server. By connecting creators with users directly both can join in the blockchain network, there's no need for any intermediate controller. With a blockchain video streaming solution, content creators themselves can directly broadcast their content on the network. After consensus amongst the other nodes/miners in the network, consumers can directly receive content. It eliminates the dependence on intermediaries like publishers or content providers. As a result, content creators can have direct revenue generation via the platform. They can provide video-on-demand basis services that enable consumers to only pay as they consume. Additionally, a blockchain video streaming solution can enable consumers as well to earn rewards. They can rent out excess disk space and bandwidth to provide scalable storage and bandwidth for video streaming. Not only this, but creators can gain complete ownership of content they publish without losing authority to third-party controllers. Also, Read |Causing the Paradigm Shift in Online Video Streaming with BlockchainBlockchain Video Streaming | Use CasesDecentralized one-to-many live video broadcast (multicast) is the most effective form of media distribution. It enables a broadcaster to connect directly with their audience in a first-hand manner. It also makes them free from alterations, after-the-fact interpretation, and spin. Essentially, it gives everyone a platform to have a voice. Existing centralized solutions suffer from censorship. It is the third parties that have control over user data/relationship/monetization with inefficient cost structures around service payments. Some use cases for video streaming applications and services to be built on top of blockchain's ledger.Pay-As-You-Use Content ConsumptionThe value transaction controlled by the consensus protocol makes it possible for broadcasters to stream live content to viewers directly. Thus, it does not require a credit card, account, or access to users' identities via a centralized platform. Blockchain streaming applications can facilitate various solutions such as paying to attend an education online course, live events like a concert or live sporting event, entertainment, and more. Its applications do all by enabling consumers to pay directly to the broadcaster for only what they consume while preserving their privacy.Auto-scaling Social Video ServicesWhen building consumer video services, scalable infrastructure to support the demand for the growing number of streams, as well as consumers, is always a bottleneck. There are various blockchain platforms available that can scale to support any number of streams and viewers as they go. Thus, it eliminates the provisioning of servers, licensing media servers, and managing resources to handle spikes.Video Enabled DAppsDriven largely by theEthereum blockchain application development, decentralized apps (DApps) are gaining significant traction. With Ethereum blockchain development, an application can be fully decentralized while scaling to contain live video to as many users as wish to consume it.Ethereum Blockchain | Video StreamingThe Ethereum dApp development is popular due to the platform's non-dependency on centralized services to store and manage while meeting the aspects of decentralization with immutability. Ethereum dApp development facilitates the direct interaction of a dApp with the Ethereum Blockchain network. It comprises peer-to-peer nodes that operate together to reach a consensus for transaction confirmations, unlike the centralized service provider being the final controlling authority. Ethereum blockchain offers a range of opportunities for diverse industry-application development including, Video Streaming, insurance, e-Commerce, and more. Ethereum dApp development can be a great solution to build applications for the streaming media sector.
Technology:
PYTHON
,
ReactJS
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Category:
Blockchain
Mudit Kumar
28 Apr 2020
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