Polkadot


Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology. Polkadot is heterogeneous because it is entirely flexible and makes no assumption about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfill a set of criteria. Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic, Namecoin and Bitcoin) except with important additions: pooled security and trust-free interchain transactability. Many of the native parachains of Polkadot will be written using a Polkadot Runtime Environment SDK (e.g. Parity Technologies' Substrate).

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by COINS NEWS - 1 year ago

Help with Polkadot Parity Wallet

I already asked this in the Polkadot sub but there's like 50 people online at one time and I'm not getting many replies. Just trying to work out how to set it up and link with the extension etc. I've installed the Parity app on an old pho...

by COINS NEWS - 1 year ago

What is Polkadot 2.0? Release „early“ 2024

What is Polkadot 2.0? Polkadot 2.0 represents a substantial upgrade to the network. It aims to replace the existing lease-based model for parachains with a more flexible pay-as-you-go system based on Core time or processing power. This change will lo...

by COINS NEWS - 1 year ago

Polkadot vs. the World: Comparing Blockchain Ecosystems

Hey there, crypto enthusiasts! Today, let's embark on an exciting journey into the heart of blockchain innovation as we explore the unique architecture of Polkadot. Buckle up; it's going to be a fascinating ride! So, what sets Polkadot apart?...