Ethereum

Polygon

Global fintech company, Circle, has <a href="https://twitter.com/circle/status/1714991133644693526?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1714991133644693526%7Ctwgr%5E501da8eb0ea108fc47a8df3efb3536a1f0f0378f%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fcircle-launches-web3-development-platform-web2-developers" rel="noopener noreferrer nofollow">introduced</a> a new feature designed to simplify the process of creating Web3 applications for conventional developers.
<h2 id="span-style-font-weight-400-circle-s-new-web3-development-platform-span">Circle’s New Web3 Development Platform</h2>
According to the report, this initiative, as stated in an <a href="https://developers.circle.com/w3s/docs/smart-contract-platform" rel="noopener noreferrer nofollow">announcement</a> and a related social media post on October 19, will enable developers to eliminate the intricacies associated with developing Web3 applications.
<h3 id="span-style-font-weight-400-smart-contract-platform-span">‘Smart Contract Platform’</h3>
The recently unveiled tool, named the “Smart Contract Platform,” empowers developers to utilize pre-screened code templates and offers the choice of a console or REST APIs for deploying smart contracts. This has the potential to simplify the process for Web2 programmers transitioning to Web3 development.&nbsp;
Using these templates, developers will have the capability to generate contracts for non-fungible tokens (NFTs), blockchain loyalty initiatives, as well as interactions with decentralized finance projects like Uniswap, and even Circle’s stablecoin contracts.&nbsp;
<h2 id="span-style-font-weight-400-no-code-console-span">‘No-code’ Console</h2>
Upon creating the contract, developers can deploy it to Polygon through a “no-code” console integrated into the platform, eliminating the need to write a “migration” script for contract deployment. The “no-code” console is currently unavailable for Ethereum or Avalanche, as per the announcement.
As outlined in the platform’s documentation, developers have the option to deploy a customized contract that doesn’t rely on one of the provided templates. However, in such cases, they are required to furnish the compiled bytecode for the contract.
<h3 id="span-style-font-weight-400-circle-s-gas-station-tool-span">Circle’s ‘Gas Station’ Tool</h3>
In addition to this, Circle has introduced a “Gas Station” tool, which allows developers to cover their users’ gas fees, potentially streamlining the user onboarding process. It eliminates the need for users to pre-fund their wallets with the native coin of a network. It leverages Ethereum’s account abstraction feature to execute these fee-less transactions.&nbsp;
Moreover, <a href="https://thecoinrise.com/okx-inks-strategic-partnership-with-circle-to-offer-usdc-features/" rel="noopener noreferrer nofollow">Circle consistently seeks partnerships</a> to both enhance its own growth and provide support to developers. Last month, <a href="https://thecoinrise.com/circle-partners-with-grab-to-expand-web3-in-singapore/" rel="noopener noreferrer nofollow">Circle announced a partnership with Grab Singapore</a> as part of its efforts to enhance its presence in the region in order to establish a connection between Circle’s Web3 platform and Grab Singapore’s Web3 wallet service.
The post <a rel="noopener noreferrer nofollow" href="https://thecoinrise.com/circle-debuts-web3-development-platform-details/">Circle Debuts Web3 Development Platform: Details</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://thecoinrise.com">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Circle Debuts Web3 Development Platform: Details

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