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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.

Plasm Network Becomes the First Parachain on Polkadot Parachain Testnet Rococo V1

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The long-awaited parachain functionality on the Polkadot blockchain platform has now begun as Plasm Network, a decentralized application (DApp) hub on Polkadot, has become the first parachain on the Polkadot parachain testnet Rocco V1.
Kusama parachain auction

The Next Phase Kusama Parachain Auctions to Begin on October 23

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Polkadot and its canary network Kusama is now moving forward quickly to unleash its full potential as the next phase of 48 Kusama parachain...
purestake-top

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.
bitfrost

The First Round of Kusama Parachain Bidding has Ended with Bifrost Finance as the...

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Polkadot Network is steadily moving towards launching the much-awaited parachain functionality as the first round of parachain slot auction for its sister network Kusama has ended.
khala-parachain

Phala’s Canary Network Khala Wins the Fourth Kusama Parachain Slot Auction

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Phala’s canary network Khala Network, a Substrate-based interoperable cross-chain confidential smart contract platform, has won the fourth Kusama parachain slot auction and is now the fifth parachain on the sister network of Polkadot along with Statemine (test parachain), Karura Network, Moonriver Network, Shiden Network.
Polkadot is Down 70% in 2 Months; DOT Finds Support at $6.4

This Is What Has Happened In The Polkadot Ecosystem Over The Last Week

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The Polkadot ecosystem is one of the most active networks in the blockchain space. Over the last week, several developments took place in its...
compostable

Composable Finance’s Canary Network Picasso Will be the 13th Kusama Parachain

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Composable Finance’s canary network Picasso will now be onboarded as Kusama’s 13th parachain at the start of the next lease period as it has won the 12th parachain auction.
Polkadot Parachains: NFT Platform Efinity Secures the 6th Parachain Slot

Polkadot Parachains: NFT Platform Efinity Secures the 6th Parachain Slot

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NFT platform Efinity has secured the sixth Polkadot parachain slot as it has won the sixth parachain auction.
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.
altair

Altair Network Has Joined the Kusama Network as 10th Parachain

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Altair Network has joined the Kusama Network as the 10th parachain as it was announced the winner of 9th parachain slot auction.