The cost of developing a public chain: In today's blockchain era, developing a public chain can be said to be a technical challenge and a cost investment. The cost of developing a public chain is about 500,000 to 1,000,000. If the development of the public chain requires the use of other underlying architectures, the price may need to be re-budgeted. The following will introduce the cost of public chain development and the factors that need to be considered when developing a public chain. As a member of a professional blockchain development team, I have mature and relative experience in public chain development. Currently, I have helped most domestic merchants realize public chain construction, alliance chain construction, etc.
1. Cost of developing public chain
1. Technology development cost Technology development cost is one of the most important costs for developing a public chain, because the technology development of the public chain is the basis for other upper-layer applications. The technical costs of developing a public chain mainly include public chain node software development, chain code development, security audit, consensus mechanism research, node deployment and maintenance, etc. The size of these technical costs depends on the complexity of the public chain and the technical capabilities of the developers.
2. Operating costs The operating costs of the public chain include the purchase of hardware resources, leasing costs, network fees, technical support, publicity and marketing, etc. These costs are mainly to maintain the stable operation of the public chain, maintain the community activity of the public chain, and provide technical support.
3. Legal costs The legal costs of the public chain mainly include lawyer service fees, administrative fees, government approval fees, etc. Although these costs are not large, they are also essential in the development process of the public chain because it can provide legal protection for the public chain.
2. Factors to consider when developing a public chain
1. Technical factors Technical factors are the most important considerations in developing a public chain. Because the technology of the public chain is the basis for other upper-layer applications, when developing a public chain, the node software, infrastructure, chain code, and security of the public chain must be considered. Technical factors such as auditing and consensus mechanisms.
2. Community factors When developing a public chain, the activity of the community must be considered. The community of a public chain is an important driving force for its sustainable development. Therefore, when developing a public chain, we must consider how to keep the community active and how to promote the sustainable development of the public chain.
3. Regulatory factors When developing a public chain, regulatory factors must be considered. Supervision is crucial to the development of public chains because it can reduce risks, enhance market confidence, and promote the sustainable development of public chains.
Summary: The cost of developing a public chain mainly includes technology development costs, operating costs and legal costs. When developing a public chain, technical factors, community factors and regulatory factors must be considered. The cost of developing a public chain is affected by many factors, but developing a public chain is essential, contributing to the sustainable development of the public chain and providing a foundation for upper-layer applications.