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Performance
CosmWasm significantly outperforms Ethereum by managing several hundred transactions per second, far exceeding Ethereum's capacity of approximately 30 transactions per second.
CosmWasm is a framework in Rust built on Cosmos-SDK/Tendermint that enables the development of multi-chain smart contracts.
The goal of CosmWasm is to offer a comprehensive toolset for working with smart contracts, which includes a robust development environment, an extensive standard library, and a wide range of tools and documentation.
CosmWasm offers the flexibility to migrate a project from one blockchain to another by establishing a bridge between the two chains.
This ensures a smooth transition for your project and eliminates the need for cumbersome and time-consuming migration processes.
As your project expands, you can easily launch a new CosmWasm zone powered by wasmd. This empowers you to experiment with new multi-chain protocols using CosmWasm contracts and enables users to participate in your new blockchain.
Throughout our journey with CosmWasm, we have successfully utilized it in multiple dApp projects alongside the Cosmos SDK. Its versatility, robust architecture, and extensive library have consistently impressed us.
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CosmWasm significantly outperforms Ethereum by managing several hundred transactions per second, far exceeding Ethereum's capacity of approximately 30 transactions per second.
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CosmWasm provides robust security measures that effectively mitigate many of the attack vectors commonly exploited in Solidity contracts.
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To ensure compatibility with Cosmos chains you may need to rewrite your Ethereum contract in Rust. Some Cosmos based chain now support both Solidity and CosmWasm.
You can find the CosmWasm documentation on their official documentation website. This site provides comprehensive information, including getting started guides, tutorials, and detailed references for developers.
CosmWasm is often considered superior to Solidity due to its robust multi-chain compatibility, facilitated by the Cosmos ecosystem’s Inter-Blockchain Communication (IBC) protocol, allowing deployment across various chains without modification. It leverages Rust, offering safety and performance enhancements over Solidity, with compile-time checks that reduce common bugs and vulnerabilities. This, combined with optimized execution speed and resource efficiency, makes CosmWasm a compelling choice for blockchain development.
CosmWasm and Cosmos SDK are both part of the Cosmos ecosystem but serve different purposes. The Cosmos SDK is a framework for building blockchains and includes pre-built modules for various functions, while CosmWasm is a smart contract platform that allows the deployment of contracts on those blockchains.
Finding developers skilled in CosmWasm can be challenging due to its niche position within the Cosmos ecosystem and the use of Rust, a language less commonly used for blockchain development compared to Solidity. As a result, the pool of experienced CosmWasm developers is smalle. Alternatively you can contact us.