Monday, July 4

Polkadot Envisions Web3 Disruption With Multiple Parachain Launches By CoinTelegraph

© Reuters. Polkadot foresees Web3 disruption with multiple parachain launches

The open source blockchain platform announced the launch of its first parachains (or parallel chain) aimed at improving interoperability between multiple blockchains.

According to the announcement, the Polkadot team invested five years developing the parachains, which were assigned to the teams through auctions, namely Acala, Moonbeam, Parallel Finance, Astar and Clover.

With individual blockchains running in parallel within the Polkadot ecosystem, auction winners will be able to lease spaces on the Polkadot relay chain for up to 96 weeks at a time. Developed by Polkadot founder and co-founder, Gavin Wood, Relay Chain helps coordinate consensus and communication between parachains:

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Reference-es.investing.com

Leave a Reply

Your email address will not be published.