Tag: Polkadot

Polkadot is a blockchain network protocol that allows arbitrary data, and not just tokens, to be transferred across different blockchains networks.

Parity Technologies and Energy Web Partner to Launch a New Relay Chain Consortium

The new consortium on the Relay Chain will enable parachains-as-a-service through the Parity Substrate blockchain framework Zug, Switzerland / Berlin, Germany, December 20, 2021 – Parity Technologies, a leading company in Web3 software development, and Energy Web, the non-profit organization that builds operating systems for decarbonized energy networks, have announced their plans. to launch a consortium in the Relay Chain on Energy Web that connects Energy Web with the broader ecosystem of Substrate, Polkadot, and Kusama. The new Chain will leverage Substrate to allow companies in the energy sector to run sovereign and customizable...

Blockchain, Cryptocurrencies, Polkadot, Press release

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Polkadot

Polkadot

What is Polkadot? Polkadot is a next-generation protocol that works as a connector for multiple specialized Blockchains in a single network. Polkadot builds on the revolutionary promise of previous Blockchain networks, a network that returns control to individuals over internet monopolies.  More than 100 projects were built, are being built and will continue to be built for the Polkadot ecosystem. It has the basic technical infrastructure up to DeFi applications, privacy-oriented data, digital identity systems (self-sovereign identities), social networks, IoT, gaming, robotics and supply chain logistics.  In June...

Coins, Cryptocurrencies, Polkadot

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Dot and KSM Ready To Surge As Parachain Slot Auctions Nears

PrimeXBT Lead Analyst Kim Chua: Dot and KSM Ready To Surge As Parachain Slot Auctions Nears

Polkadot (DOT), the blockchain much touted as the ETH-killer, will finally be on its way to hosting projects on its blockchain in the coming three months. While the exact timing has not been fixed, it is estimated to begin once its canary chain, Kusama (KSM), completes its fifth parachain deployment.  What exactly is DOT, KSM, the parachain slot auction and why will the slot auction be positive for the price of DOT and KSM?  DOT is the native token for the Polkadot blockchain with smart contract capability that uses a new proof-of-stake consensus mechanism that is vastly different from the other proof-of-stake blockchains out...

Cryptocurrencies, Ethereum, Featured, Polkadot, Trading

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