The reader has been provided with BVM Studio as a new tool that would help in deploying blockchain solutions through simplified no-code mechanism in a bid to demystify the use of blockchain.
The tool will have feature of visual programming editor where users will be allowed to drop their blockchains like pieces of lego.
The approach commits to enable individuals to build any project’s own zero-knowledge (ZK) rollup blockchain without coding proficiency, computation infrastructure, storage, or hardware nodes.
Talking to Cointelegraph, the representatives of the BVM team, a BaaS infrastructure provider and the developer of BVM Studio, admitted that the tool in question, though ‘highly convenient,’ has its flaws.
“it is not as flexible as fully custom coded solutions; however what we are able to present is in constant development and new features and options are added on a regular basis to increase flexibility. ”
Codeless self-service blockchains
In the past, creating a blockchain meant that one had to have some knowledge in technology, availability of money and a good comprehension of programming plus measures put in place for security.
“[It] requires no technical setup or coding skills, making it accessible to everyone. It offers a no-code, drag-and-drop interface that allows anyone to deploy a blockchain in less than 2 minutes.”
The team explained that the tool enables customization of the “base layer, hardware, compute, data availability, block gas limit, withdrawal time, ZK prover,” and pre-installed decentralized applications (DApps).
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Security and Regulatory Standards
Security is very important for blockchain technology as it starts with the code of the blockchain infrastructure.
It uses ZK-rollup to guarantee security of deployed blockchains “through these three significant components.”
This is because anyone can run a ZK Light Node on an old laptop, which has storage for “ZK-proofs stored on Bitcoin” and ensures that ZK Provers are executed correctly.
When regulatory considerations were being discussed by BVM team, they mentioned that “at present, creating a blockchain doesn’t infringe any regulatory standards.”
“BVM Studio is just one-way ticket to building a blockchain in an easier manner.”
Users can deploy layer-2 and layer-3 blockchains using the tool on either Bitcoin or Ethereum.