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).
Cryptocoins News / The Cointelegraph β - 2 years ago
The rollout of the Polkadot protocol has been ongoing since August, when the project launched its Rococo testnet. Kusama, a sister chain to Polkadotβs platform, is rea...
Cryptocoins News / The Cointelegraph β - 2 years ago
DTrade is planning to build the first derivatives exchange on Polkadot following a highly successful private investment round. Decentralized exchange dTrade is bring...
Cryptocoins News / CoinJournal - 2 years ago
Cross-chain lending protocol Relite Finance is set to launch on Uniswap later this month.Relite closed a $1MM raise at the beginning of April for its Polkadot-powered lending platform that is set to launch on PAID’s ignition.Master Ventures spe...
Cryptocoins News / NewsBTC - 2 years ago
With a jump of more than 350% in its price this year, Ethereum has outperformed major cryptocurrencies, bolstered by the rise of decentralized finance (DeFi) protocols, like liquidity aggregators and decentralized exchanges. These projects brought in...