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Parachains News

News about Parachains

A parachain is a parallel chain that attaches to the main network of a blockchain, operating independently of it, but taking advantage of its multiple benefits.

The main network is known as Relay Chain. Among the main benefits it confers to parachains are decentralization, security and scalability.

Polkadot’s blockchain is the pioneer in the use of this type of technology. And it has already developed an important network of parachains that have put it at the forefront of the market.

Polkadot’s Oracle Parachain Paralink Partners with Lending Platform Deficliq

Polkadot’s Oracle Parachain Paralink Partners with Lending Platform Deficliq

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Polkadot’s oracle parachain Paralink Network has partnered with Deficliq, a lending platform that offers both collateralized and uncollateralized loans, to integrate its oracle service with the lending platform.

Polkadot Launched a New Parachain Testnet Dubbed Rococo

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Polkadot introduced a new testnet this week as a step toward full parachain functionality in the network. The new testnet, called Rococo, integrates Cumulus...
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Moonbeam Companion Moonriver Network Wins the Second Kusama Parachain Slot

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Moonbeam companion Moonriver Network will be the second real parachain on Polkadot’s canary network Kusama as it has won the second parachain slot auction.

Polkadot Network is Closing in for Launching Parachain Functionality

Polkadot Network is closing in to launch much-awaited parachain functionality. Kusama, the canary network of Polkadot, is ready for the rollout of parachains on the network.
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Polkadot Parachain Moonbeam Network Integrates Chainlink’s Oracle on Testnet

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PureStake, the company building the Moonbeam smart contract Parachain on Polkadot, has integrated Chainlink oracle services into the Moonbeam testnet environment, Moonbase.
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Calamari Network has Become the Seventh Real-World Parachain on Kusama

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Calamari Network has become the seventh real-world parachain on Polkadot’s canary network after winning the seventh Kusama parachain auction.
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Much-Awaited Polkadot Parachain Auctions to Begin on November 11, 2021

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After Kusama, the main Polkadot chain is now all set to host the first parachain on its Relay Chain as the team has announced that the much-awaited Polkadot parachain auctions would begin on November 11, 2021.
Polkadot Parachain Plasm Network Receives $2.4M Investment

Polkadot Parachain Plasm Network Receives $2.4M Investment

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Plasm Network announced closing a $2.4M investment round led by Binance Labs. Binance had announced a plan to fund the Polkadot ecosystem, and it's...
Encointer to Become a Common Good Parachain on Kusama, what it is?

Encointer to Become a Common Good Parachain on Kusama, what it is?

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Encointer, a Substrate-based project focused on digital identity and an idea called universal basic income (UBI), is going to be a common good parachain on Polkadot’s canary network Kusama.
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Polkadot Canary Network Kusama’s Parachain Auction Will Commence on June 15th

Polkadot canary network Kusama’s parachain slot auction will begin on June 15th as the Shell parachain has been upgraded to real-world Statemine parachain.