Parity has released a set of tools for creating blockchains SubstrateStartup Parity Technologies has launched the tool Substrate, which allows users to create customized blockchains for decentralized applications.

Parity has released a set of tools for creating blockchains Substrate

Parity Technologies startup launched Substrate tool that allows users to create customized blockchains for decentralized applications.

As the company announced on Tuesday, Substrate is available in beta and its open source technology is geared towards maximum flexibility when building blockchains.. The presented Parity API allows users to create their own consensus mechanisms or resort to the help of "most" existing.

Ethereum Co-Founder and Parity Technologies Founder Gavin Wood said: "Substrate has taken all the lessons we learned from working on Ethereum and Polkadot and transformed them into a toolkit that allows you to reap the same benefits.".

Substrate is currently licensed under GPLv3, however Parity intends to move it to Apache 2.0 "for maximum freedom of development." It is expected that thanks to this, corporate users will be able to use the tool without unnecessary restrictions..

“With Substrate, you don't need to know everything, you don't need to do everything to create a completely new blockchain. All you need to do is to get a chain that is tailored to your individual conditions, with its own parameters and characteristics that will allow you to fulfill the established task, ”added Wood..

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