Today, Polkadot is one of the fastest growing multi-chain networks. While Polkadot has an adaptive architecture for building a smart contract platform and the technology to rapidly develop dApps, it is not a smart contract platform itself.
Gear is creating a Polkadot parachain network that hosts smart contracts. Everyone can deploy dApps on Polkadot and Kusama, not only taking full advantage of all the benefits of their ecosystem, but also at a lower cost.
Like Polkadot, Gear uses the Substrate framework, which simplifies the process of creating different blockchains for specific applications. Substrate provides extensibility out of the box, which allows users to focus on creating custom engines on top of the protocol.
Launching a blockchain network was previously expensive, but Gear allows dApp developers to focus on their projects without having to build and operate a full blockchain network from scratch.
At the heart of Polkadot is its ability to route arbitrary messages between chains. Both Polkadot and the Gear network use the same language – asynchronous messaging, so all projects built with Gear can be easily integrated into the Polkadot and Kusama networks. The asynchronous messaging architecture makes Gear an efficient and easy-to-use parachain.
Gear's main features
The core of the Gear network is the smart contract module. In the Gear application scenario, any smart contract is a WebAssembly program compiled in different development languages such as Rust, C, and C++. Because of the ability to write smart contracts using a familiar development environment, Gear has a low barrier to entry for developers from outside the crypto world. This will make it easier for developers to experiment with smart contract programming languages.
Gear's smart contract architecture uses the Actor model at the bottom and provides:
- Persistent memory for contracts
- Asynchronous message processing
- Smallest, cleanest and most intuitive API for blockchain context
Actor communication between on-chain components provides greater composability, better parallel code execution compatibility, and sharding.
Each program has a fixed amount of memory that the Gear allows to control. A program can only read and write in its memory and cannot access the memory space of other programs. Each program has its own independent memory space, which enables parallel processing of messages on Gear nodes.
Gear's team has extensive experience in the blockchain space. The founders of Gear were directly involved in the creation of Polkadot and Substrate technologies.
Founder and CEO
Since 2015,Nikolay VolfHas been one of the main developers of Polkadot's underlying technology and Substrate. As an initial member of the Parity team, Nikolay worked on multiple protocols in the blockchain space: Ethereum, Bitcoin and ZCash. While working at Parity,Nikolay also led the initial implementation of WebAssembly smart contracts. When Polkadot went live, his vast experience and knowledge of blockchain led him to create a unique project – Gear. Nikolay has built a team of experts with a passion for blockchain and extensive Rust programming experience.
Founder and Chief Financial Officer
Ilya VellerHe has extensive experience with Renaissance Capital, Morgan Stanley and Bank of America, working with HNWI and global hedge funds for over 20 years. Over the past 20 years, Ilya Veller has raised over $1 billion for various projects.
Founder and Head of Development
Alexander BugorkovExtensive experience working with well-known technology companies such as Lyft, New Relic, and Spotify.
Chief Technology Officer
Petr VolynskiyExtensive experience in product development, product management and technical leadership in multiple areas including application development for project and business process management, system architecture, cross-platform development environments and processes, web and mobile applications, operating systems, virtualization and Cloud (SaaS, IaaS, PaaS). At that time he cultivated a team of experts who have now become core team members of Polkadot and other blockchain networks.
Gear is a highly specialized project. The core team is fully focused on developing the project and accomplishing its goals in the most efficient way possible.
Why choose Polkadot?
Gear is designed for out-of-the-box dApp creation processessupplyinfrastructure, developers can build blockchain applications with just two clicks, a process that takes more time on other platforms. Our goal is to improve the Polkadot ecosystem, adapt to its needs, and advance the dApp market.
Gear chose Polkadot for:
- The security model allows new parachains to be launched without finding new validators to protect
- No need to develop their own parachain, anyone can build a dApp and deploy it on the Gear parachain
- Integrating with the Polkadot/Kusama ecosystem using Gear significantly reduces developer costs
- We know Polkadot/Kusama very well which allows us to develop better projects
Gear will provide the best solution for developers, and we are ready to help those deploying smart contracts in their business processes.
Gear is the computing component of the Polkadot ecosystem, and GearFans is a community of Gear enthusiasts.
- Official website: https://gear-tech.io/
- Telegram group: https://t.me/gear_tech
- Telegram Chinese group: https://t.me/Gear_CN
- Telegram Chinese development group: https://t.me/gear_dev_cn