CosmWasm Smart Contracts Development
Creating dApps on secure multi-chain smart contracts.
Get a no-obligation consulting from our CosmWasm developers.
What Exactly is CosmWasm?
CosmWasm is a platform built on Cosmos-SDK/Tendermint for developing multi-chain smart contracts. It is designed to be easily accessible to all blockchain developers. CosmWasm aims to provide a comprehensive toolset for working with smart contracts, including a robust development environment, an extensive standard library, and a wide range of toolsets and documentation.
-
1
Performance
CosmWasm can easily handle several hundred transactions per second as opposed to only 30 limited transactions per second on Ethereum. Moreover, CosmWasm's multi-chain structure splits the load between connected chains which helps in keeping the costs low.
-
2
Security
Recent and previous security breaches like the reentrancy attacks on CREAM finance, and Parity MultiSig Hack which had cost the loss of more than a Billion dollars in ETH. CosmWasm prevents most classes of attacks like these present in Solidity.
-
3
Composition
CosmWasm composition is a great way to extend the functionality of your smart contract. By combining multiple CosmWasm modules, you can create a contract that is much more powerful and flexible than a single-module contract, without compromising on security.
-
Architecture Design
-
Cosmos Integration
-
Smart Contract Audit
-
Custom Contract Development
No Single Chain Lock-in
CosmWasm provides the ability to move a project from one blockchain to another by building a bridge between the two chains. This allows for a seamless transition for your project, and eliminates the need for difficult and time-consuming migration processes.
As your project grows, you can easily launch a new CosmWasm zone based on wasmd. This will give you the ability to iterate on new multi-chain protocols as CosmWasm contracts and allow users to join your new blockchain.
-
What is IBC protocol?
Inter Blockchain Communication (IBC) is a protocol that enables different blockchain networks to communicate with each other. IBC is based on the concept of "value-added chains" which allows different blockchain networks to interact with each other in a trustless manner. IBC enables different blockchain networks to exchange value, information, and assets in a secure and efficient manner.
-
What is reentrancy in smart contract?
Reentrancy is a computer program's ability to remember its position within a program while executing a task. This allows a program to be interrupted in the middle of a task and then resume that task from the point of interruption. In smart contracts, reentrancy refers to the ability of a contract to remember its state across multiple function calls. This can be used to allow a contract to be interrupted in the middle of a task and then resume that task from the point of interruption.
Want us on your side?
We would love to serve you with our development skills tailored to the high-quality standards of your company.
Schedule an appointment