Developers
Blockchain technology powers the decentralized future, but not all blockchains are created equal. XPR Network, built on the EOSIO protocol, and Ethereum, the pioneer of smart contracts, take fundamentally different approaches to how they operate. Here's why XPR Network is like a blockchain computer, while Ethereum is more of a settlement layer.
XPR Network: The Blockchain Computer
The XPR Network operates as a decentralized operating system, offering built-in tools and features designed for speed, scalability, and user-friendliness. It enables developers and users to interact with the blockchain as if it's a fully functional computer, complete with accounts, permissions, resources, and native governance.
Key Features of XPR Network
Human-Readable Accounts (@names):
Accounts on XPR are like usernames (e.g.,
paul.xpr
), making it easy to interact without complex wallet addresses.These accounts support role-based access control, allowing users to set permissions for different actions, such as transfers or governance.
Native Multisignature Wallets:
Multisig functionality is baked into the network, offering robust security without relying on third-party smart contracts.
Feeless Transactions with Resource Staking:
Users stake system resources like CPU, NET and RAM instead of paying gas fees, creating a sustainable, feeless transaction model for end users.
Developers can sponsor transactions for their users, creating frictionless experiences.
Fast and Scalable Architecture:
With 0.5-second block times and asynchronous transaction processing, XPR Network handles 4,000+ TPS, making it ideal for real-world applications.
WASM Smart Contracts:
Smart contracts on XPR are powered by WebAssembly (WASM), offering superior performance, efficiency, and flexibility compared to Ethereum's EVM.
Built-In Governance:
On-chain governance allows token holders to propose and vote on updates, making XPR adaptable and user-driven.
Native Token Management:
Tokens are managed natively within the platform, streamlining their creation and management without the need for additional smart contracts.
Ethereum: The Settlement Layer
Ethereum is the go-to platform for decentralized finance (DeFi) and token standards. It's the backbone of many blockchain ecosystems, but its architecture is more like a programmable settlement layer, focusing on securing value and running smart contracts.
Key Features of Ethereum
Hexadecimal Addresses:
Ethereum uses 42-character hexadecimal wallet addresses (e.g.,
0xabc...
), which can be cumbersome for users.
Smart Contracts via EVM:
The Ethereum Virtual Machine (EVM) enables programmable smart contracts, but it’s less efficient compared to WASM.
Gas Fee Model:
Every transaction on Ethereum requires gas fees, often making it costly during periods of high demand.
Sequential Transaction Processing:
Ethereum processes transactions sequentially, limiting its throughput and scalability.
Off-Chain Governance:
Most governance decisions happen off-chain, often relying on social consensus or DAOs (Decentralized Autonomous Organizations).
Token Standards (ERC-20, ERC-721):
Ethereum introduced token standards, but each token requires its own smart contract logic.
Layer 2 Scaling Solutions:
To achieve higher throughput, Ethereum relies on Layer 2 solutions like rollups, which introduce additional complexity.
Key Differences at a Glance
The XPR Network and Ethereum differ fundamentally in how they operate and what they offer to users and developers. XPR Network features human-readable account names (e.g., paul.xpr
), making interactions intuitive, while Ethereum uses hexadecimal addresses (e.g., 0xabc...
) that can be cumbersome. XPR's transaction model is feeless, relying on resource staking (CPU, NET, RAM) instead of gas fees, unlike Ethereum’s pay-per-operation model. Smart contracts on XPR are powered by WASM, which is faster, more efficient, and supports multiple programming languages, whereas Ethereum relies on EVM, which is Solidity-focused and comparatively slower.
In terms of scalability, XPR supports asynchronous transactions and achieves over 4,000 TPS, while Ethereum processes transactions sequentially and depends on Layer 2 solutions for scaling. For multisig wallets, XPR has native support, whereas Ethereum requires external smart contracts like Safe. Governance on XPR is on-chain, enabling token holders to vote for updates, while Ethereum’s governance is largely off-chain or DAO-based. Finally, token creation and management are native features in XPR, eliminating the need for custom contracts, while Ethereum relies on standards like ERC-20 that require additional smart contract logic.
This makes XPR Network a blockchain optimized for usability, performance, and scalability, while Ethereum excels as a programmable settlement layer for financial applications.
Why Choose XPR Network?
If you're looking for a blockchain that acts like a decentralized computer, XPR Network is your choice. It's fast, scalable, and user-friendly, with tools and features designed for modern applications. Whether you're building a dApp, managing digital assets, or exploring blockchain for business, XPR Network gives you the resources of a powerful operating system.
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