Top Smart Contract Platforms for DeFi in 2024
- Ethereum
- Cardano
- Polkadot
- Tezos
Comparison of Top Smart Contract Platforms
Ethereum
Ethereum is the leading smart contract platform for DeFi, known for its robust ecosystem and widespread adoption. However, it faces scalability issues and high gas fees.
Cardano
Cardano aims to offer a more scalable and sustainable alternative to Ethereum, with its proof-of-stake consensus mechanism and focus on interoperability.
Polkadot
Polkadot's multi-chain architecture and interoperability features make it a promising platform for DeFi, offering scalability and security through its relay chain and parachains.
Tezos
Tezos distinguishes itself with its on-chain governance and formal verification, providing a secure and upgradable platform for DeFi applications.