The use of this site and the content contained therein is governed by the Terms of Use. When you use this site you acknowledge that you have read the Terms of Use and that you accept and will be bound by the terms hereof and such terms as may be modified from time to time.
All text, graphics, audio, design and other works on the site are the copyrighted works of nasscom unless otherwise indicated. All rights reserved.
Content on the site is for personal use only and may be downloaded provided the material is kept intact and there is no violation of the copyrights, trademarks, and other proprietary rights. Any alteration of the material or use of the material contained in the site for any other purpose is a violation of the copyright of nasscom and / or its affiliates or associates or of its third-party information providers. This material cannot be copied, reproduced, republished, uploaded, posted, transmitted or distributed in any way for non-personal use without obtaining the prior permission from nasscom.
The nasscom Members login is for the reference of only registered nasscom Member Companies.
nasscom reserves the right to modify the terms of use of any service without any liability. nasscom reserves the right to take all measures necessary to prevent access to any service or termination of service if the terms of use are not complied with or are contravened or there is any violation of copyright, trademark or other proprietary right.
From time to time nasscom may supplement these terms of use with additional terms pertaining to specific content (additional terms). Such additional terms are hereby incorporated by reference into these Terms of Use.
Disclaimer
The Company information provided on the nasscom web site is as per data collected by companies. nasscom is not liable on the authenticity of such data.
nasscom has exercised due diligence in checking the correctness and authenticity of the information contained in the site, but nasscom or any of its affiliates or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this site. The information from or through this site is provided "as is" and all warranties express or implied of any kind, regarding any matter pertaining to any service or channel, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non-infringement are disclaimed. nasscom and its affiliates and associates shall not be liable, at any time, for any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communications line failure, theft or destruction or unauthorised access to, alteration of, or use of information contained on the site. No representations, warranties or guarantees whatsoever are made as to the accuracy, adequacy, reliability, completeness, suitability or applicability of the information to a particular situation.
nasscom or its affiliates or associates or its employees do not provide any judgments or warranty in respect of the authenticity or correctness of the content of other services or sites to which links are provided. A link to another service or site is not an endorsement of any products or services on such site or the site.
The content provided is for information purposes alone and does not substitute for specific advice whether investment, legal, taxation or otherwise. nasscom disclaims all liability for damages caused by use of content on the site.
All responsibility and liability for any damages caused by downloading of any data is disclaimed.
nasscom reserves the right to modify, suspend / cancel, or discontinue any or all sections, or service at any time without notice.
For any grievances under the Information Technology Act 2000, please get in touch with Grievance Officer, Mr. Anirban Mandal at data-query@nasscom.in.
Blockchain has shown a positive impact on many industries by reshaping the data sharing process. The blockchain network has grown into a vast ecosystem and has improved traceability, security, and transparency in every industry. Nowadays, there is a rapid adoption of technology among organizations to work efficiently.
However, the execution of the blockchain network is complex. Continuous scaling and updating are required in the blockchain, and the access should also be shared immediately with the users. The substrate framework is flexible, open, interoperable, and future-proof. Copying or cloning a blockchain isn’t a viable solution as you may risk repeating its previous mistakes.
One of the founders of Ethereum, Gavin Wood, has developed a framework known as substrate to facilitate blockchain development quickly. It acts as a catalyst for the advancement of blockchain. In this blog, we will understand the core components of the substrate. With more than 150 projects on the substrate, deploying the blockchain in an organization has never been easier.
What is the Substrate Framework
The substrate is the framework that is helpful in building the blockchain network. The technology is open-source, a ready-made framework is already there, and the developers have to change it as per requirement. Furthermore, the substrate is compatible to work on blockchain interoperability as it is known for a multichain future.
Also, the substrate has native support for the Polkadot network. A point to be mentioned here is that the substrate is not the only part of the Polkadot; it’s just that the Polkadot can be built easily with the substrate.
The substrate ecosystem has a strong community of developers who contribute to the share their pallets. You can search more on the substrate marketplace to know more about the community. The libraries are great for diving into resources and tutorials for blockchain development.
There are functions such as version and execute_block that are enough for building and scaling. The abstraction interface is an advantage in the framework. Thus, custom logic features can be integrated and customized easily.
Built-In Features in Substrate
The functionalities may differ from one to another, but the basic ones are the same for every module. There are full node templates to run the browser. The working consensus mechanism along with an API to interact with the blockchain and for the development of dApps. The on-chain of data is hassle-free, the reason being efficient database abstraction. There is a validator voting system and data replication functionality.
Substrate Node
On the top of the substrate pyramid is the substrate node. The node is the one with the prebuilt functionality. The substrate node has the least technical freedom which means that the customization isn’t easy. However, the initial genesis block can be changed. The node provides the default implementations for account management, consensus, and much more.
The outer part of the node is responsible for the transaction, while the second layer or the runtime handles the logic. To know more about the substrate node, you may check out the substrate playground, which showcases various backend and frontend templates.
Substrate FRAME
FRAME (Framework for Runtime Aggregation of Modularized Entities) is required for creating a runtime. The FRAME supports great freedom for creating blockchain logic from pre-existing libraries. The substrate’s prebuilt node template is helpful in extending the blockchain. While FRAME is facilitative when the goal is to create the blockchain from scratch.
The frames are further divided into FRAMEv1 and FRAMEv2. The FRAMEv1 has features such as — imports, dependencies, runtime configuration, pallet declaration, and runtime storage. The v2 has two more sections known as hooks and extrinsics. When we use FRAMEv2 the errors are detectable easily and allow users to develop the network accordingly.
Substrate Core
The core is essential to implement the runtime layer, which is a layer responsible for executing smart contracts and preserving the actions of the users. We can use the runtime and run it merged with the substrate node. There is better freedom available on the substrate core and it aligns well with the substrate ecosystem. The vital part is to follow the guiding principles of Substrate’s block generation and WebAssembly (WASM).
How to create blockchain on the substrate?
To create a blockchain on the substrate, first build a node in the development environment. Then simulate a two-node network to cross-check the working of all the interactions. Further, start a small network of validators by upgrading a runtime code.
By using Substrate Playground, developers can select between the node template and the front-end template. The advantage of using substrate playground is that the developers can skip the node setup and can work on the cloud-based sandbox.
The node template provides a skeleton framework for blockchain to work on the consensus, module, transaction, and governance. In addition, the front-end template has a modular UI, and it has the components to interact with the node template’s runtime.
Advantages of Substrate Blockchain Framework
Technical freedom
There is a modular design with freedom in control of code on the substrate framework. A wide range of token standards are supported, and there isn’t any requirement to utilize a transaction-based architecture.
App integration
Other than the advantage of the immediate creation of blockchain, the substrate framework is great for integrating apps with the web. The app interaction is directly with the network, and the customization is wide-ranging.
Usage of Rust
The usage of Rust language is also an added benefit as the language’s logic is similar to Javascript. This simplifies the development process of the blockchain network. Rust is faster as it doesn’t have any runtime collector.
Forkless upgrades
The updates are forkless because of the use of WASM. The WASM supports a single software version and is beneficial when you have to compile a native binary. The environment of WASM supports many languages and is high-performance.
Sovereign governance
As the substrate framework provides true interoperability without using any bridges, the framework also goes well for sovereign governance. Governance is when every chain has its freedom to operate.
Applications of Substrate Framework
Cross-chain Bridges
The cross-chain bridge is for the burning and locking of the tokens and further minting of tokens. The substrate blockchain framework is used for creating the blockchain bridges. Further, the bridges are used to connect the applications with another network.
Custom blockchain
Other than the Polkadot network the substrate is useful in developing the autonomous customized blockchain. Launching a customized blockchain via substrate parachains requires minimum effort as compared to other methods.
Parachains
Parachains are custom, project-specific, heterogeneous blockchain which runs parallel to layer 0. Parachain runs parallel to the relay chain. The use case of Parachain is to settle transactions between the network. There are parathreads as well, which are used when there is a requirement for — an application that needs more ratio of reads than writes.
Pallets
Pallets are an integral part of the substrate framework and are domain-specific runtime modules. The users can use the pallets for modification and extension to create the runtime logic. The substrate marketplace is great for searching the available pallets. The pallets present on the Substrate are more tailored and are easier to build.
Relay Chain
It is the center chain on the Polkadot network. The chain allows cross-chain token transfer between different blockchain networks. The relay chain connects the parachains, allowing communication with an external blockchain network. The substrate can be employed to build a relay chain to improve blockchain interoperability further.
End Note
There are many tutorials regarding the installation and customizing of the substrate framework for those who want to try it. However, diving a bit deeper into the modules requires expertise, and thus partnering with a blockchain deployment platform would be favorable. Substrate — the most demanded framework is also the most reliable framework
To conclude, we would say with a substrate framework, the implementation of blockchain logic becomes fast, safe, easy for the developers, and beneficial for the enterprises. In the future, many features will pop up and will empower both the developers and the organizations.
About The Author
Dr. Ravi Chamria is co-founder CEO of Zeeve Inc, an Enterprise Blockchain company. He has an experience of 18+ years in IT consulting spanning across Fintech, InsureTech, Supply Chain and eCommerce. He is an executive MBA from IIM, Lucknow and a prolific speaker on emerging technologies like Blockchain, IoT and AI/ML.
Passionate About: Blockchain, Supply Chain Management, Digital Lending, Digital Payments, AI/ML, IoT
That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.
Zeeve is an enterprise-grade Blockchain Infrastructure Automation Platform. Join the growing list of clients that trust us with their Blockchain initiatives
In the rapidly evolving digital landscape, the demand for seamless, secure, and user-friendly identity verification processes has never been greater. Know Your Customer (KYC) protocols are essential for financial institutions to comply with…
In the realm of digital transformation, public blockchain development services stand out as a beacon of innovation, offering unparalleled transparency, decentralization, and security. Unlike private blockchains that restrict access to authorized…
In recent years, blockchain technology has emerged as a disruptive force in a variety of industries, offering increased transactional security, transparency, and efficiency. One area where blockchain has enormous potential is freight claim…
The advancement of inventions that led to Web3 and blockchain has greatly changed the business environment. As stated by Forbes market research, in 2023, the total blockchain market is estimated to be around USD 170 billion; however, by 2030, it is…
In the dynamic world of cryptocurrencies, holding digital assets requires a robust and reliable solution, that is, a crypto wallet.
With the increasing number of cryptocurrencies, the need for efficient crypto wallet solutions has been greater than…
Cryptocurrency has emerged as a new asset class, particularly in light of its quick spike in value earlier this year. For the first time, the total value of the cryptocurrency market has surpassed $2 trillion.
The cryptocurrency realm is…