JavaScript vs. Parallel vs. PlayCode vs. PureScript Comparison Chart

Parallel's mission is to innovate and bring DeFi to the next level. We are creating the most secure and easy-to-use decentralized platform to empower everyone access to financial services. Simply supply the assets, we optimize the best yield for you and you don't have to do all the complicated DeFi stuff, in a secure and decentralized way. Our platform introduces a new financial primitive for staked DOT, which allows users to accrue interest from staking while still having a liquid asset not subject to lockups or lengthy unlock periods. This staked DOT financial primitive will be referred to as xDOT. Lenders will be able to earn interest income on their xDOT, and borrowers will be able to get loans against their DOT denominated in stable coins without selling their DOT. The Parallel lending protocol uses a pool-based strategy that aggregates each user's supplied assets. This lending protocol will have a DOT, sDOT, and USDT pool where users can deposit their assets and earn interest.

PureScript is a strongly typed, purely functional programming language that compiles JavaScript. It enables developers to build robust web applications, web servers, and mobile apps using functional programming techniques. PureScript offers features such as algebraic data types, pattern matching, row polymorphism, extensible records, higher-kinded types, type classes with functional dependencies, and higher-rank polymorphism. The language emphasizes strong static typing and pure functions, ensuring code reliability and maintainability. Developers can compile PureScript code into readable JavaScript, facilitating seamless integration with existing JavaScript codebases. The ecosystem includes an extensive collection of libraries, excellent tooling, and editor support with instant rebuilds. An active community provides numerous learning resources, including the PureScript book, which offers practical projects for beginners.