Crypto News

Circle introduces a Web2 developer-focused Web3 development platform.

Circle has just unveiled an innovative platform designed to simplify the creation of Web3 applications for traditional developers. This groundbreaking tool, known as the “Smart Contract Platform,” promises to unravel the intricacies that often accompany Web3 app development. The announcement, along with a social media post dated October 19, sheds light on this game-changing development by stablecoin issuer Circle.

The “Smart Contract Platform” empowers developers to deploy smart contracts effortlessly, leveraging a set of meticulously vetted code templates. This, in conjunction with a console or REST APIs, paves the way for a more accessible path for conventional Web2 programmers. Moreover, Circle introduces a new Gas Station tool, designed to facilitate the payment of users’ gas fees, which may substantially simplify the onboarding process for developers.

Traditionally, when developers deploy smart contracts, they navigate through the labyrinth of Web3 developer tools like Truffle or Hardhat. These tools demand the use of Solidity, a language unfamiliar to many conventional programmers. They also necessitate the creation and execution of blockchain deployment or “migration” scripts, a process that often eludes Web2 developers.

The Circle smart contract platform, as detailed in its documents, provides a treasure trove of pre-vetted templates that cater to a variety of smart contract needs. These templates extend their support to the creation of non-fungible tokens (NFTs), blockchain-based loyalty programs, interactions with Uniswap, or other decentralized finance ventures, not to mention Circle’s stablecoin contracts. This innovative approach alleviates the need for developers to construct Solidity contracts from scratch, rendering the transition to Web3 more seamless for Web2 developers.

Once the contract is ready, developers can swiftly deploy it to Polygon via a “no-code” console, an integral part of the platform. This means that developers are spared the effort of composing a “migration” script when they opt for Circle’s platform. It’s important to note that, at this juncture, the “no-code” console is currently exclusive to Polygon and not available for Ethereum or Avalanche.

Nonetheless, the platform also boasts a set of REST APIs tailored for use on these networks, offering developers an alternate route to deploy and interact with their contracts. REST APIs are the well-trodden path for developers accustomed to working with Web2 databases, making the transition to Web3 a smoother journey for the uninitiated.

Circle’s ambitious plans encompass making the “no code” console and REST APIs accessible on a broader range of networks in the near future, as indicated in the announcement.

Intriguingly, developers have the option to employ the platform for deploying custom contracts that deviate from the templates. In such cases, developers are required to provide the compiled bytecode. Yet, even in this scenario, there’s no need to delve into the intricacies of writing a deployment script, as the console or REST APIs capably handle this task.

In addition to these innovations, Circle unveils another feature aimed at developers – the “Gas Station.” This revolutionary tool empowers Web3 app developers to shoulder the burden of their users’ gas fees. This groundbreaking concept paves the way for smoother onboarding by eliminating the need for users to pre-fund their wallets with the native coin of the network. The Gas Station ingeniously leverages Ethereum’s account abstraction feature to facilitate these gas-free transactions. Notably, the Grab super-app has already incorporated this feature, allowing users to transact without incurring gas fees when redeeming NFT vouchers.

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