Choose the right protocols for your business
A blockchain is a distributed ledger that records transactions that happen within its network, but there are different ways to control and operate these ledgers. A protocol is the set of rules that define how the network behaves. Some may choose to be decentralized, rely on a certain hashing algorithm, build their governance upon a consensus mechanism, etc. Each one of them has its own native cryptocurrency.
Cryptum offers you some of the top public and 1 permissioned blockchain protocols.
Check the list of protocols and their main features within the Cryptum ecosystem:
- Binance Smart Chain
- XRP Ledger
- Avalanche (C-Chain)
- Polygon (Matic)
Each blockchain has its own specification and use-cases. If the main feature you’re looking for is the transfer of value through a true and tested network then Bitcoin might be a good fit for you. For a smart-contract platform with widespread adoption, you can choose Ethereum. A focus on mobile-first experience might mean Celo is the way to go. If scalability is important Solana poses itself as a viable option with its thousands of transactions per second throughput.
There is a lot of common ground between the protocols, so many of the features you might find in a certain protocol might also be present in others. For instance: Ethereum, Celo, Binance Smart Chain, Solana, Avalanche (C-Chain) all have support for smart contracts. In fact, many of them are cross-compatible since they were built upon the same EVM (Ethereum Virtual Machine) runtime.
Some things to keep in mind when choosing a protocol are transaction fees, smart contract support, market value, adoption, decentralization level, transaction finality time, governance model, eco-friendliness, and sustainability.
Even though Cryptum is a blockchain-based platform, it remains blockchain-agnostic. We support multiple different chains through a single solution so that users don't have to deal with different blockchain protocols individually.
In practice, this means that users don't have to accommodate each protocol particularities and manage multiple systems with different rules — instead they can interact with all of their chosen protocols in the same way.
Cryptum also offers a mainnet and a testnet for each of the chains we support. The mainnet is an original and fully-functional blockchain network where real transactions are made, whereas the testnet is a copy of the mainnet used as a testing environment for users to experiment and test their blockchain workflows without having to pay for transaction fees
A table with all the features that you can enjoy each Protocol in Cryptum - whether using the SDK, APIs, Plugins or the Dashboard: