Polkadot is a blockchain that has a very clear and innovative goal: to function as an interconnection hub for the various existing blockchains.
To this end, Polakadot has two main functions.
The first is to function as a data transmission and processing blockchain. This would allow Polkadot to be an extra layer of scalability for other blockchains.
And the second is independent operation through its own blockchains. Which gives Polkadot the ability to run its own Smart Contracts and host Decentralized Applications (DApps).
Polkadot uses Parachains technology, which allows it to create sub-chains with independent operation from the main chain, known as Relay Chain.
TL;DR Polkadot 2.0 will be launched in Q1 2025, incorporating Elastic Scaling to improve the scalability and performance of the network. Elastic Scaling, currently being tested
TL;DR The Web3 Foundation has awarded a grant to Accelerate Polkadot to provide essential tools and knowledge to developers. Accelerate Polkadot lowers entry barriers through practical,
TL;DR The Polkadot community has approved the JAM update, highlighting its decentralized governance. The update includes significant technical improvements and a 10 million DOT prize for
TL;DR Polkadot’s New Venture: Polkadot has introduced a new memecoin, the $PINK token, to stimulate increased interaction within its network. The coin was launched with PINKDROP,
TL;DR Dune and Colorful Notion have integrated data from the Polkadot ecosystem into the Dune platform. Users of Dune can now access data from Polkadot and
TL;DR Bifrost has launched LoopStake, a new product that simplifies leverage staking on Polkadot. LoopStake offers a one-click experience, eliminating the need for manual loops and
TL;DR Altseason Buzz: The cryptocurrency market is abuzz with the potential of an “Altseason”, a period when altcoins surge significantly. This is indicated by the Altcoin
USDC, the second largest stablecoin after UDST, continues to expand across different blockchains following its launch on Polkadot. The move was officially announced by USDC’s issuer,
Web3 interoperability blockchain Polkadot (DOT) has ushered in a new era with the launch of its open governance platform, OpenGov. This highly anticipated development signals a significant
Polkadot (DOT) has accumulated more than 10% over the past seven days as the network becomes the industry’s most active in terms of developer commits on
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