Parity Technologies has launched Substrate, a tool that lets users create customized blockchains for decentralized applications.
The firm announced Tuesday that Substrate is now available as a beta version, adding that the open-source tech was designed to be âas generic as possibleâ to allow flexibility when designing blockchains. The included API also lets users create their own consensus mechanism or they can utilize âmostâ existing algorithms.
Substrate is integrated with the firmâs blockchain interoperability protocol Polkadot and is written in the programming language Rust, while a JavaScript implementation can run in web browsers.
Ethereum co-founder and Parity Technologies founder Gavin Wood said:
âSubstrate takes all of our lessons learned in building Ethereum and Polkadot and distills that down into a stack of tooling that allows you to get all of those same rewards.â
Substrate is currently licensed under the GNU General Public License (GPLv3), Parity said, but it is planning to move to the Apache 2.0 open-source license for âmaximum developer freedom.â Apache 2.0âs âwidely permissive natureâ will also encourage Fortune 500 companies to adopt the technology, the firm said.
With Substrate, said Wood, âyou donât have to know everything, you donât have to do everything to develop your whole new blockchain, but you can do just enough that you do have a domain-specific chain, that has its own parameterization, and its own features that allow you to get a particular job done.â
Parity first revealed the pending release of Substrate back in October at the Web3 Summit in Berlin. The firm also added an early version of ethereumâs Casper code change to Substrate in the same month. The code contains a mechanism to transition to the âShasperâ upgrade, which combines ethereumâs in-house scaling solution, sharding, alongside its proof-of-stake consensus switch, Casper.
Tool kit image via Shutterstock