What is Relay Network?
Relay Network is an open-source platform for building decentralized applications on the Ethereum blockchain. It provides developers with a framework for creating scalable dApps that can leverage the security and transparency benefits of blockchain technology.
Some key features of Relay Network include:
- Simple APIs - Makes it easy for developers to get started building dApps without needing deep blockchain expertise.
- Modular architecture - Components can be mixed and matched to build custom dApps for different use cases.
- Scalability tools - Helps address issues like high gas fees and slow transaction times on Ethereum.
- Interoperability - Supports integration with external data sources and other blockchains.
- Security features - Protection against common threats like DDoS attacks.
By abstracting away much of the blockchain complexity, Relay Network allows developers to focus on their dApp's business logic and user experience. This could help accelerate decentralized app development and adoption across industries like finance, supply chain, and healthcare.