Use Cases

Check out the 3 use cases for the Uptick project.

Uptick chain

The Uptick blockchain provides Ethereum developers to deploy their smart contracts to the Uptick EVM and get the benefits of a fast-finality Proof-of-Stake (PoS) chain. Developers will also benefit from highly-reliable clients from testnets can be used to test and deploy their contracts.

Uptick will also offer built-in interoperability functionalities with other Cosmos and BFT chains by using IBC. Developers can also benefit from using a bridge network to enable interoperability between mainnet Ethereum and Uptick.

EVM module dependency

The EVM module (aka x/evm) packaged inside Uptick can be used separately as its own standalone module. This can be added as a dependency to any Cosmos chain, which will allow for smart contract support.

Importing EVM module can also enable use cases such as Proof-of-Authority (PoA) chains for enterprise and consortium projects. Every chain on Cosmos is an application-specific blockchain that is customized for the business logic defined by a single application. Thus, by using a predefined validator set and the EVM module as a dependency, enables projects with fast finality, interoperability as well as Proof-of-Stake (PoS) consensus.

##Wasm module dependency

cosWasm is a smart contract development framework based on WebAssembly (Wasm). It provides smart contract functionality for various blockchains within the Cosmos ecosystem.

Trade offs

Either option above will allow for fast finality, using a PoS consensus engine. Using the EVM module as a dependency will require the importing of the EVM and the maintaining of the chain (including validator sets, code upgrades/conformance, community engagement, incentives, etc), thus it incurs on a higher operation cost. The benefit of importing the EVM module to your chains is that it allows for granular control over the network and chain specific configurations/features that may not be available in the Uptick chain such as developing a module or importing a third-party one.

Using Uptick chain will allow for the direct deployment of smart contracts to the Uptick network. Utilizing the Uptick client will defer the chain maintenance to the Uptick network and allow for the participation in a more mature blockchain.

	Uptick Chain	x/evm dependency
Maintenance	Lower	Higher
Sovereignty (validator, config, params)	Lower	Higher
Storage requirements	Lower	Higher