Technology and Infrastructure

Changes: WeBTC uses Web3 API & EBTC uses Smart Contract.

Here is the comparison table:

Criteria	Web3 API ✅	Smart Contract ✅
Main Function	Provides communication between applications and the blockchain	Automatically executes logic and rules on the blockchain
How It Works	Sends requests to the blockchain and receives responses	Runs code on the blockchain when triggered
Data Storage	Data can be stored on a server or the blockchain	All data is stored on the blockchain
Transparency & Decentralization	Can be centralized or decentralized	Fully transparent and decentralized
Interacts with Blockchain	✅	✅
Interacts with Users	✅	✅
Easily Upgradable	✅	❌ ( Difficult )
Security	Depends on server and API code	Protected by blockchain mechanisms but can have logic vulnerabilities
Usage Cost	Free or low cost	Requires gas fees for execution
Performance & Speed	Fast, as it can run off-chain	Slower due to blockchain processing
Ease of Development & Deployment	✅ Easy, can use multiple programming languages	❌ Requires Solidity or specialized blockchain languages
Scalability	✅ Easily scalable and upgradeable	❌ Limited due to blockchain constraints
Common Applications	DApp, Defi, Service	NFT, DAO, automated transactions

WeBTC uses a combination of Light Node and Full Node

WeBTC uses a light node and full node system to ensure the stable operation of the blockchain network:

• Full Node:

  • Maintains a complete copy of the entire blockchain dataset.

  • Validates transactions, enforces network security protocols, and actively participates in governance decisions.

  • Typically operated by miners or large organizations, full nodes serve as the backbone for ensuring network integrity and consensus.

• Light Node:

  • Stores only a subset of blockchain data, focusing primarily on transaction validation rather than holding the entire history.

  • Accelerates transaction processing and reduces resource consumption, making it ideal for mobile applications and platforms with limited computing power.

  • Offers an efficient solution for users seeking quick access to network services without the overhead of full data storage.

Light nodes are suitable for mobile applications and platforms with limited resources, while full nodes are often operated by miners or large organizations to ensure the integrity of the network.

QuickNode - Blockchain Infrastructure for Decentralized Innovation

WeBTC partners with QuickNode, a powerful blockchain infrastructure platform to support blockchain developers and projects in deploying, managing, and optimizing the network.

• Fast transaction processing speed: QuickNode provides RPC (Remote Procedure Call) service to help blockchain applications communicate with the network quickly and efficiently.

• Low latency: With global server infrastructure, QuickNode minimizes transaction processing time, providing users with a seamless experience.

• High scalability: Supports multiple blockchains such as Ethereum, Binance Smart Chain, Polygon, making the WeBTC ecosystem expand and interact with multiple chains easily.

• Security and trust: QuickNode provides advanced security solutions, ensuring that data and transactions are always safe.

Integrating QuickNode into the WeBTC ecosystem not only optimizes transaction speed but also reduces operating costs, opening up great scalability potential for the entire system.