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  • State Of SparqNet Q1 2024 : Building On Testnet To Mainnet 🔺

State Of SparqNet Q1 2024 : Building On Testnet To Mainnet 🔺

As We Near The End Of Q1, Let's Explore The State Of SparqNet

Q1 of 2024 has been a flurry of activity over at SparqNet, with the team buzzing with excitement as they unveil a host of innovative developments. Amidst the hustle and bustle, they’ve been hard at work, pushing the boundaries of decentralized technology and setting the stage for a future with limitless possibilities. 

SparqNet is proud to highlight all the developments taking place while reshaping the landscape of decentralized applications and paving the way for a brighter, more interconnected digital future. 

Let’s explore what they’ve been up to👇

1:1 Features of EVM 👉👈

EVM serves as the cornerstone for dApps. The appeal of EVM-compatible solutions remains undeniable. Although there are challenges with tools outside the Ethereum ecosystem. Despite facing limitations like gas constraints and stack item issues, SparqNet's OrbiterSDK now provides EVM's features 1:1, opening up new opportunities for developers.

SparqNet's OrbiterSDK replicates essential EVM functions while introducing improvements like decentralized networks and isolation. Developers can choose between Dynamic Contracts, similar to Solidity smart contracts, or Protocol Contracts for more flexibility, although with stricter code alignment requirements.

SparqNet ensures consistent transaction outcomes and adopts a language-neutral approach, mainly using C++, to speed up dApp development and cater to developers skilled in different languages. The platform enhances transaction decoding through reflections and consistently updates OrbiterSDK to provide thorough testing frameworks, event support, and expanded ABI specifications, closely resembling EVM functionalities.

By achieving 1:1 EVM features, SparqNet boosts interoperability efforts, reducing reliance on multiple tools and allowing developers to concentrate on improving EVM capabilities, making it an attractive choice among EVM-compatible chains.

Latest Upgrade From SparqNet: OrbiterSDK-cpp v0.2.0⚙️

SparqNet introduced OrbiterSDK-cpp v0.2.0, marking a significant milestone in SparqNet's development journey.

OrbiterSDK-cpp v0.2.0 features doubled contract execution speed and a host of new functionalities:

1. SDKTestSuite: Transforms contract testing with an intuitive interface, enabling rigorous testing for DeFi and GameFi developers, ensuring robustness and reliability.

2. Full Events Support: Enhances dApps with seamless event emission and listening, pivotal for transparent DeFi applications and enriched GameFi interactions.

3. Safe Tuple: Introduces struct/tuple usage for optimized storage and efficiency in managing complex data sets for DeFi and GameFi applications.

4. ABI Refactor to Templates: Improves ABI performance for smoother development experiences, crucial for translating DeFi and GameFi features into bytecode.

5. Full Tuple/Struct Support: Enables recursive usage of tuples and structs for faster function creation, empowering DeFi and GameFi developers to build more sophisticated protocols and scenarios.

6. Genesis in Options: Customizes chain inception settings for tailored DeFi and GameFi ecosystems, maximizing adoption and compliance.

7. Support for All uint Types: Expands contract support for precise financial calculations in DeFi and optimized data processing in GameFi.

8. Support for Enum on ABI: Enhances contract readability and functionality with enum types, essential for clear smart contract states in DeFi and structured game elements in GameFi.

9. Better Organization for Contract Template Files: Streamlines development with reorganized templates, accelerating DeFi and GameFi project iterations.

10. ERC721 Template: Simplifies NFT creation for DeFi and GameFi applications, unlocking new avenues for asset tokenization and in-game asset uniqueness.

11. Hash Cache on Transactions: Speeds up transaction processing for high-frequency trading and responsive in-game actions, improving user experience in both DeFi and GameFi.

12. General Updates: Implements bug fixes and performance enhancements, ensuring stability and reliability for DeFi and GameFi platforms.

Upcoming SparqNet Stage 2 TestNet: Advancing with OrbiterSDK-cpp v0.2.0🏗️

SparqNet Stage 2 TestNet is on the way. Sparqnet expect to roll out the testet by the end of March. Stage 2 TestNet represents a giant leap forward in our efforts to offer developers the tools and resources they need to innovate and redefine the future of decentralized applications.

Building upon the success of our Stage 1 Testnet, the new testnet promises to deliver an even more immersive and groundbreaking experience, powered by the new OrbiterSDK-cpp v0.2.0.

Here's a glimpse of what SparqNet TestNet offers⚡️:

1. Automated Blockchain Creation

Say goodbye to the hustle of bootstrapping your blockchain from scratch. With SparqNet's subnet technology and advanced SDKs, participants can effortlessly experiment with various app-chain templates, allowing for the seamless development of a wide range of Web3 applications. Our automated blockchain creation process streamlines the setup steps, enabling developers to focus on customizing their blockchain's unique attributes without any hassle.

2. Ultra-fast Transactions

Experience the unparalleled speed of SparqNet's transaction processing, boasting speeds of up to 400,000TPS with sub-second finality. SparqNet's lightning-fast transaction speeds empower builders to scale their projects dramatically and provide users with an unparalleled experience.

3. Interoperability

SparqNet facilitates seamless communication and data exchange across multiple chains through native bridging capabilities. Builders can explore validator and sentinel interactions, token tables, and communication between internal subnets and external chains, unlocking new possibilities for creating comprehensive services that span multiple blockchain networks.

4. Safe Transactions

SparqNet Stage 2 TestNet provides builders with robust tools to ensure the safety and integrity of their transactions. Our platform offers automatic detection of variable usage in transactions, minimizing the risk of errors and ensuring secure and efficient processing.

5. C++ Integration

Take your blockchain development to the next level with SparqNet’s revolutionary C++ integration. Developers can leverage advanced programming capabilities previously unseen in Solidity, including features like Loop Mapping. With C++ integration, developers can streamline their code, access keys within maps, and unlock infinite functionality, from AI/Machine Learning to GameFi leaderboards, with ease.

Experience the Spark of Innovation: SparqNet Lights Up ETHDenver🇺🇸

Amidst the buzzing atmosphere of ETHDenver 2024, SparqNet developers proudly showcased a remarkable achievement: a C++ EVM boasting Stateful Precompile Support, with speeds surpassing Ethereum's Geth EVM by an impressive 10x margin. 

This achievement reflects SparqNet's commitment to innovation and its dedication to advancing blockchain technology to new heights. The team is proud of their developers’ dedication to reiterating Sparqnet's position as a beacon of progress, driving the industry forward with determination and vision.

What’s Next for SparqNet?🤔

As SparqNet surges forward, our roadmap is ablaze with milestones that promise to redefine the landscape of blockchain innovation. With Testnet Stage 2 poised for launch by the end of March, we're gearing up to unveil a realm of possibilities that will push the boundaries of decentralized applications even further. 

But that's just the beginning. By the end of June, sights are set on the Mainnet, where SparqNet will take centre stage, offering a robust and reliable platform for developers to build, innovate, and thrive. And that's not all — a Launchpad is on the horizon, poised to catapult groundbreaking projects into incredible success. Coupled with the Grant Program, which promises to foster a vibrant ecosystem of innovation and collaboration, the future for SparqNet is brighter than ever. 

Thanks for reading!✌️

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