4 Cryptocurrency Projects That Successfully Changed Chains

Choosing the proper blockchain is a tricky name for any improvement workforce. It’s a call that entails appropriately anticipating undertaking necessities – scalability; pace; group; safety – earlier than a line of code has even been written. It’s no surprise {that a} undertaking sometimes finds its first selection of blockchain isn’t ‘the one,’ forcing it to play the sphere.

Additionally learn: Bitmain’s Jihan Wu Talks Mining and Business Progress With Bitcoin.com’s CEO

Unchained: When Cryptos Drop Their Blockchain

Like marriage, blockchain is supposed to be a life-long dedication. You decide your community and you then keep it up by means of thick and skinny, as a result of the choice – to elope with a quicker, extra scalable mannequin – is frowned upon. It’s additionally a problem having to maneuver all of your stuff, like your token, group and improvement stack. And but generally, when irreconcilable variations get an excessive amount of, the advantages of chain-hopping outweigh these of staying put and sticking it out.

When video games developer Biscuit named its medieval-fantasy EOS Knights, it appeared a certainty that the product would stay firmly wedded to the EOS blockchain. Following a reputation change from EOS Knights to Knight Story, nevertheless, the undertaking has now signaled its intention to commerce up. Knight Story has switched allegiance from EOS to Tron and can launch an upgraded model of the blockchain recreation in December that can embody a revamped financial system powered by TRX and TRC-based tokens (together with NFTs).

4 Cryptocurrency Projects That Successfully Changed Chains
Recreation of Trons: you win otherwise you die.

Now that the corporate has pledged its fealty to Justin Solar, the CEO of TRON and Bittorrent was fast to heap reward upon the undertaking. “There has by no means been a decentralized recreation of this scale earlier than,” gushed Solar. “Biscuit’s profitable rollout of blockchain gaming for mainstream audiences marks a turning level for the area.”

As for the deeper causes for the change, Biscuit cites Tron community’s efficiency, developer-friendly instruments, and sturdy ecosystem of purposes. The corporate additionally believes Tron will grant it larger alternatives for ‘synergistic partnerships.’ Even supposing ‘synergistic partnerships’ feels like company fluff, it might in truth be the important thing to understanding why a recreation that boasted 6,000 each day gamers on EOS would contemplate pastures new. The transfer implies that in future Biscuit will have the ability to leverage Tron’s partnerships with Bittorrent and Opera in its ongoing quest to achieve a wider viewers and entice extra gamers.

4 Cryptocurrency Projects That Successfully Changed Chains
EOS Knights is the second hottest EOS dapp. It’s now moved to Tron.

The Distributed Key to Change

One other undertaking which realized its first selection merely wouldn’t work out is Remme, a public key infrastructure (PKI) answer striving to make passwords out of date. Initially the workforce settled on Hyperledger Sawtooth to ship its targets, selecting the blockchain due to Hyperledger’s parallel transaction execution, non-public community assist with permissioning options, pub-sub occasions system, modularity, and pluggable consensus algorithms. The workforce had been additionally enthused by the truth that Hyperledger supplied multi-language assist throughout the improvement part.

How to Protect Yourself Against DNS Attacks When Using Cryptocurrency

However as Remme defined in July, the potential advantages of Hyperledger had been ultimately outweighed by various obstacles they encountered throughout the improvement part that made migration the one smart choice. In the long run Remme was pressured to concede that “If we had been to proceed constructing on Sawtooth it will require us to direct our energies in the direction of enhancing the Sawtooth ecosystem itself so it will probably function a community our use instances require reasonably than on our core improvement.”

For that purpose, the workforce determined to maneuver to a extra tried and examined system, choosing the EOSIO codebase of EOS. It’s a selection that seems to be already paying dividends: with larger assist and battle-hardened infrastructure, EOSIO is fast-tracking Remme’s progress. After months of delays underneath Hyperledger, the EOSIO swap has quickly led to profitable testnet deployment and the Remme mainnet is now scheduled for launch this December.

4 Cryptocurrency Projects That Successfully Changed Chains://tron.network

Changenow Adjustments Its Chain

Crypto-changing website Changenow is within the enterprise of swapping crypto, however in April the corporate introduced it will be making a swap of one other nature by transferring NOW Token from Ethereum to Binance Chain. As a substitute of selecting one chain over the opposite, nevertheless, Changenow determined that half of its tokens ought to stay on the Ethereum chain with the opposite half burned and reminted on Binance Chain.

In accordance with a press launch, this was carried out to present the platform’s customers freedom of selection, with the Changenow website providing NOW Swaps for anybody who needs to make the change. A greater clarification could also be that the partial migration allowed Changenow to money in on the large quantity of hype surrounding Binance Chain, and within the course of grow to be solely the second coin to be listed on Binance DEX.

4 Cryptocurrency Projects That Successfully Changed Chains

Dev-initely Leaving

It’s not simply crypto initiatives that swap blockchains – generally devs soar ship too. Pokkst is one developer who did simply that, porting all of his work from Bitcoin Core to Bitcoin Money, together with his non-custodial pockets Crescent Money.

Explaining the swap, the developer mentioned: “With the complexity of the Lightning Community, Bitcoin (BTC) is a misplaced trigger. Bitcoin Money nonetheless works flawlessly although, similar to how BTC used to.”

4 Cryptocurrency Projects That Successfully Changed Chains
Change isn’t all the time doable.

Because of an abundance of selection within the cryptosphere, it’s by no means too late to alter hearts, minds and chains.

What different initiatives have efficiently modified blockchains? Tell us within the feedback part under.

Pictures courtesy of Shutterstock.

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Kai Sedgwick

Kai’s been manipulating phrases for a dwelling since 2009 and acquired his first bitcoin at $12. It is lengthy gone. He is beforehand written whitepapers for blockchain startups and is very curious about P2P exchanges and DNMs.

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