Sparq flexibility and Scalability on Avalanche

Published on: 12.06.2022
Sparq flexibility and Scalability on Avalanche

The Sparq protocol is the result of extensive scalability research in the new blockchain paradigm. Sparq flexibility and Scalability on Avalanche

Sparq’s core

Sparq offers great value at a series of services at the protocol, starting with a bridge that processes transactions from any EVM chain on and off the Sparq network.

The Sparq bridge is interoperable with any chain to provide a seamless communication of smart contracts and transfer of assets.

Sparq is language-agnostic. Meaning any builder can choose any language and build their decentralized application or service with confidence and skip the learning curve of smart contract development.

The Sparq protocol is the result of a deep analysis of scalability in the new blockchain paradigm. With solutions like Avalanche providing tools like subnets for decentralized applications scaling horizontally, Sparq was born out of a desire for increased flexibility and speed to unlock the potential of subnets beyond what was conceivable and is now an avalanche of unlimited possibilities.

Sparq’s C++ architecture makes it fast, lightweight, and highly optimizable, enabling its use for an endless number of decentralized applications such as:

DeFi: high-frequency trading (up to 3M trades per second)

Data storage: Decentralized databases and data storage

Gaming: Sparq is perfect for GameFi as its C++ infrastructure allows entire game engines to be built on top of it, unlocking endless possibilities for this area.

About Sparq

Sparq is a protocol that enables the creation of any application, natively supporting any language to provide unparalleled flexibility

Website | | Twitter

About Avalanche

Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem.

Website | Twitter

SOURCE

https://medium.com/@SparqNetwork/sparq-the-future-of-scalability-and-mass-adoption-e2eabf809918

Market Stats:
BTC Dominance: 53.53%(+0.15%/24h)
ETH Dominance: 16.18%(-0.05%/24h)
Defi Market Cap: $88.03B(-6.60%/24h)
Total Market Cap: $2368.32B(+0.66%/24h)
Total Trading Volume 24h: $79.09B(-5.37%/24h)
ETH Market Cap: $383.56B
Defi to ETH Ratio: 22.95%
Defi Dominance: 3.53%
Altcoin Market Cap: $1100.61B
Altcoin Volume 24h: $47.24B
Total Cryptocurrencies: 29429
Active Cryptocurrencies: 9846
Active Market Pairs: 82419
Active Exchanges: 754
Total Exchanges: 8385
BTC: 64371.55$(0.04%/1H)
ETH: 3140.31$(0.1%/1H)
AVAX: 35.42$(0.32%/1H)
BNB: 609.4$(0.2%/1H)
MATIC: 0.72$(0.18%/1H)
FTM: 0.74$(-0.17%/1H)
ADA: 0.47$(-0.35%/1H)
DOT: 6.85$(0.14%/1H)
UNI: 7.75$(-0.37%/1H)
CAKE: 2.77$(-0%/1H)
SUSHI: 1.01$(-0.38%/1H)
ONE: 0.02$(-0.03%/1H)