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

Polkadot... The Dot That Connects The Dots!

Any other Polkadot enthusiasts here? I have personally have been slowly filling my bag for a few months now. Polkadot is a network of networks, or a block space ecosystem, that allows different blockchains to communicate and cooperate with each other...

by COINS NEWS - 1 year ago

A summary of Polkadot's 1.0's release

Polkadot is out here doing what a lot of projects wish they could accomplish; everything on their actual whitepaper. That's right 1.0 is out and showing more promise than ever and I'm gonna summarize the article below. The full article and de...

by COINS NEWS - 2 years ago

Why does this subreddit love PolkaDot so much?

Every time I mentioned something bad about it, I had an army of people jump on me, telling me how I only hate it because I don't understand it. And you know what. You're right. I don't understand it. One does not become a Validator there...