Top Blockchain Platforms to explore in 2021

Let us first explain how is our current listing for 2021 different from the previous one.

Here is a list of the top blockchain platforms to explore in 2021

  1. Tezos
  2. Stellar
  3. Hyperledger Fabric
  4. Hyperledger Sawtooth
  5. EOS
  6. Openchain
  7. Corda
  8. Tron
  9. Hedera Hashpraph
  10. Ethereum

1. Tezos

Following are some of the features of the Tezos platform that distinguish it from other platforms:

  • Self-amendment Protocol
  • Delegated Proof of Stake Consensus Mechanism
  • On-Chain Governance
  • Smart Contracts and Formal Verification

2. Stellar

Below are the significant features of the Stellar Blockchain Network:

  • It has a decentralized and open database.
  • It enables thousands of transactions in a second.
  • It takes a confirmation time of only 3–5 seconds.
  • The network allows multi signatures and smart contracts.
  • It has a 1% fixed annual inflation.

3. Hyperledger Fabric

Here are some of the features of Hyperledger Fabric that makes it different from other platforms:

  • Highly modular
  • Low latency of finality
  • Support for Solidity and EVM
  • Multi-language smart contract support
  • Pluggable Consensus
  • Queryable Data
  • Multi-language smart contract support

4. Hyperledger Sawtooth

Following are some of its features that distinguish from other blockchain platforms:

  • Private networks with sawtooth permissioning feature
  • Parallel transaction execution
  • Ethereum contract compatibility with Seth
  • Pluggable consensus algorithms
  • Separation between the core system and application level

5. EOS

Following are some of the features of the EOS blockchain that make it one of the reliable platforms:

  • Usability
  • Governance
  • Multiprocessing
  • Flexibility
  • Measurability
  • Upgradability
  • Permission Schema

6. Openchain

Here are some of the features of the Openchain blockchain network:

  • Modular Design
  • Free transactions
  • Highly scalable
  • 2-Way Peg
  • Unified API
  • Smart Contracts Functionality

7. Corda

Features of the Corda blockchain platform that make it one of the ideal platforms:

  • Privacy
  • Open design
  • Interoperability
  • Agile and Flexible
  • Open Development

8. Tron

Features of Tron Blockchain Network:

  • High Scalability
  • High Availability
  • High Throughput
  • Compatibility with EVM
  • Multi-language extension
  • Eliminating counterfeit chain

9. Hedera Hashpraph

Following are some of the features of the Hedera Hashgraph platform:

  • Fast
  • Fair
  • Secure
  • Implementation of public BFT Notary Service for Corda
  • Connecting Hyperledger Fabric network to Hedera Consensus Service

10. Ethereum

Below are some of the features of the Ethereum platform:

  • Smart Contracts Functionality
  • Turing Completeness
  • Permissioning
  • Privacy
  • Rapid Deployment
  • Tokenization

How to choose a Blockchain Platform?

  • Type of Blockchain you need
    Before selecting a blockchain platform, you need to understand what type of blockchain is right for your use case. You will need to use the permissioned network if you want to have your participants authorized before participating in the network. Therefore, it is essential to identify whether you require a permissioned or permissionless blockchain.
  • Languages supported by the platform
    If you have a team of in-house developers, you need to look out for the platform that your developers can work on. For example, you might have to look for a platform that supports specific programming languages such as Python, Java, Javascript and more.
  • Scalability
    The blockchain’s scalability refers to the blockchain platform that achieves a high TPS (transaction per second) rate. For example, Bitcoin can execute around seven transactions per second, Ethereum can handle 20, while Stellar can perform up to 1000 transactions per second.
    If you are looking for a blockchain platform, you must look at the transaction capabilities and identify if the requirements can be met or not.
  • Security
    Security can be a crucial factor for many organizations, especially if your organization needs to manage sensitive information. To ensure that no security breaches occur, it is essential to select a platform that maintains security. Some of the popular platforms, including EOS and Hyperledger Fabric, have an excellent record of handling security.
  • Smart Contracts Functionality
    Not every blockchain platform supports the concept of smart contracts that are useful for validating, enforcing or triggering actions on the blockchain system.

Conclusion

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
LeewayHertz

LeewayHertz

Full-stack software development company for startups and enterprises using blockchain, AI, IoT, AR and cloud computing. https://www.leewayhertz.com