Polkadot News

  • Gavin Wood: How to face critics of blockchain technology?

    “After a few years of Ethereum, it is obvious that something is missing.” Wood said in an interview in Unfinished Live. Five years after the launch of Ethereum, Gavin Wood still firmly believes that blockchain technology has the power to change the world. “Blockchain is one of very, very few decentralized technologies, and I really can’t name more technologies.” He said in a conversation with reporter Manoush Zomorodi in Unfinished Live. But he admitted that he didn’t do it right the first time. “After several years of Ethereum, it is obvious that…

    Polkadot News 2021-11-24
  • The new Polkadot ecological track that is different from the parachain: distributed blockchain network application

    background Since the “Double Eleven”, Polkadot has opened a highly anticipated slot auction, especially the first slot competition is quite fierce. There has been a situation where you are catching up, and the top items have increased in the slots. With the investment in the auction, the number of locked positions for some projects also exceeded tens of millions of DOT. Of course, we can intuitively see that the projects currently participating in the slot auction represent different functions. Some provide financial functions, some focus on privacy, or serve as…

    Polkadot News 2021-11-19
  • Gavin Wood: Polkadot completed the first Auction, heralding the escape from the “economic slavery” of Ethereum

    Polkadot founder (and Ethereum co-founder) Gavin Wood stated that Ethereum is actually closer to Bitcoin than many of its advocates admit. For Gavin Wood, the founder of Polkadot, the completion of the first Polkadot Parachain auction heralds the freedom from the constraints of the Ethereum smart contract economy and usher in new freedom. Wood is the co-founder of Ethereum and helped develop the smart contract programming language Solidity. He said that Polkadot’s parachain (as its literal meaning, means a parallel chain) economic lease holding model , it is precisely that…

    Polkadot News 2021-11-19
  • Acala took the first slot and successfully connected to the Polkadot network and won the first parachain slot auction

    On the afternoon of November 18th, the candle period for Polkadot’s 11th auction ended! Acala successfully won the first slot of Polkadot by locking 32.5 million DOTs! Connect to the Polkadot relay chain and generate blocks in a parallel chain! The launch of Parachain on Kusama is the culmination of a multi-stage process that began with the launch of Kusama Chain Candidate 1 in August 2019. In preparation for the first parachain slot auction on Kusama, several teams have deployed parachains for testing and optimization on the Rococo and Westend testnets. This critical stage…

    Polkadot News 2021-11-18
  • The Polkadot ecology is undergoing a paradigm shift

    This article is written on the 1st anniversary of PAKA, and aims to review the major updates of the Polkadot ecosystem in the past year and output PAKA’s insights on investment logic. We believe that in the past two years, Polkadot has achieved an early stage of success: it has achieved the occupation of the basic protocol in the Layer0/1 market; successfully verified the establishment of the DOT and KSM card slot economic model; what is surprising is that As an experimental network, Kusama’s success far exceeds the imagination of all early ecological participants. For…

    2021-11-16 Polkadot News
  • Polkadot’s first round of bidding for the slot auction: what are the new faces

    The first round of Polkadot ‘s slot auction is underway. The entire Polkadot ecology has now accumulated nearly 500 projects (some early projects have been disbanded), but only 12 projects participated in this round of auctions, all of which are relatively strong, and are still attracting DOT holders to help Vote yourself. Attention to the Polkadot Slot Auction mainly focuses on two points. The most immediate concern is whether the Polkadot slot auction will bring a strong performance of DOT, just like KSM during the Kusama slot auction. Another concern is actually more important, and…

    Polkadot News 2021-11-13
  • This article talks about the important infrastructures in the era of Metaverse and the Web3: Rollup, Polkadot, Cosmos, etc.

    Since the end of August, the public chain market has continued to be hot and has attracted a lot of attention. In addition, the Cosmos ecosystem on the multi-chain side has made continuous progress, and the Polkadot slot auction has also begun. In this issue, we will talk about the current models of multi-chain. There is a high probability that future multi-chain scenarios will basically focus on these three models. In this article, we will combine the side chain and Rollup on the ETH single chain, using a village and bazaar. Metaphor , tell everyone the difference between…

    Polkadot News 2021-11-12
  • Polkadot Parachain Slot Auction Has Started

    on November 11, Polkadot’s first batch of Parachain Slot auctions has officially started. Currently, there are 8 Crowdloans participating in the project, namely Acala, Moonbeam, Parallel Finance, Astar, Manta Network, Clover Finance, Litentry , SubDAO, Acala currently supports the most DOT , and has locked more than 12 million DOTs. The first batch of parachain strategies participating in the auction are summarized as follows: Acala Network Acala Network used 17% of the total ACA as a bid reward, that is, 170 million ACA, in order to obtain a 96-week parachain slot lease period. 100% of the…

    Polkadot News 2021-11-11
  • How to correctly participate in the Polkadot Parachain Slot Auction?

    background On June 15th, Polkadot ’s Canary network Kusama ushered in the first parachain slot auction. With the five-month operation and research of Kusama parachain, we finally ushered in the Polkadot parachain slot auction. An important moment for the slot auction. In October, motion 118, which opened the Parachain auction on Polkadot , was voted and approved by the Polkadot Council. Starting from November 11, 2021, we will open the first Polkadot Parachain slot auction. This is a milestone event of historical significance. It marks the end of the long exploration period for the Polkadot ecosystem. The Web3.0 era is…

    2021-11-10 Polkadot News
  • Polkadot slot auction is about to bid to attract crowd loans

    After a long time in the market, the cross-chain network Polkadot (Polkadot) has once again returned to the encryption center. The project plans to launch the first parachain slot auction at 9 pm on November 11. Polkadot’s network architecture is divided into three parts: relay chain, parachain, and transfer bridge. Parachain slot auctions have started, marking the beginning of the development of Polkadot’s application ecology. From November 11th to December 16th, there will be 5 rounds of auctions, and finally 5 projects will obtain the first-phase slot usage rights. The project competition on…

    2021-11-09
  • Popular Science: What is Polkadot Parachain Slot Auction?

    The long-awaited Polkadot Parachain Slot auction will be officially launched this week. Polkadot blockchain architecture The reason why Polkadot has become a cross-chain star project that has received much attention today is mainly related to its technical team led by its founder, Dr. Gavin Wood, and its grand Web3.0 vision. 2015, Gavin Wood left Ethernet Square created after the company Parity Technologies, and put forward the idea on “Web3.0” is. In 2016, with the publication of the Polkadot white paper “Polkadot: A Scalable Heterogeneous Multi-chain Framework” and the emergence of the concept of parachain,…

    Polkadot News 2021-11-08
  • Polkadot’s double 11 slot auction will soon be 100 parallel slots or will it bring chaos in the industry?

    Recently, Boca DOT’s two founders (Gavin Wood and Robert Habermeier) announced the news Boca technically capable of supporting parallel chains of the first on Twitter, then November 11 to start the network for the first time inserted parallel chains News of the slot auction is released. In mid-April this year, Polkadot officially confirmed the news of the Kusama online slot auction, and stated that there would be no commitment to all auction rules, and looked forward to seeing the chaos. After the Polkadot white paper first outlined the vision of a heterogeneous multi-chain framework in 2016 , its parachain is finally…

    2021-11-05
  • October Polkadot Ecological Monthly: Ecological Projects Started to Prepare for Polkadot Slot Auction

    In the past October, Kusama slot auctions have also become normal, and Polkadot has also announced the estimated start time of the auction. We see that many projects in the ecology are already preparing for the Polkadot auction, projects that have successfully bid for the Kusama slot, and are constantly launching new product features. For more details, please check this monthly report. The “Monthly Polkadot Ecological Report” is produced by PolkaWorld. It summarizes and sorts out the progress of various fields of Polkadot ecology every month, covering technology/products, community, ecology, etc., to…

    Polkadot News 2021-11-02
  • Understanding Polkadot Parachain Slot Auctions in One Article

    As Polkadot’s first parachain auction referendum was approved by DOT holders, the highly anticipated Polkadot parachain slot auction will officially open. In the past year or two, Polkadot’s development process has made significant progress, including its canary network Kusama also successfully started the 12th slot auction. As of October 29, the total market value of Polkadot has reached US$44.86 billion, Kusama has reached US$3.3 billion, and 11 parachains on the Kusama network have been launched. Currently, the Polkadot Ecosystem projects have exceeded 500, and the number of verification nodes has exceeded 1,200. Polkadot Parachain Slot…

    2021-11-01 Polkadot News
  • A quick overview of the various project activities of the Polkadot Parachain auction

    After proposal #118 was passed, the Polkadot parachain auction was finally put on the agenda. On October 13, Proposal #118 proposed by Parity Research Analyst Joe Petrowski was approved. After that, Polkadot officially announced the news about the Polkadot Parachain slot auction. As a star project of the overhead halo, the Polkadot parachain auction has always attracted much attention. With the auction date approaching, what projects have already begun to take action? What kind of activities have they launched? What matters are worthy of our attention? First, we sorted out the important information in the #118…

    2021-10-30 Polkadot News
  • Interpret the difference between Polkadot protocol standards and mainstream protocol standards in the NFT field

    The most important reason why Bitcoin is still highly sought after ten years later is the formation of consensus. People generally recognize Bitcoin’s “digital gold” status. So, such a consensus is also of great significance to indulge in a track, especially for the very hot development sector, the faster the consensus spirit is established, the more long-term development motivation will be. Circle of top-down, Ethernet Square smart contract brings its enormous ecological, but more focused that its ERC720, ERC721 agreement is the most basic standards of its development agreement, although this agreement become very…

    Polkadot News 2021-10-28
  • How to verify a Polkadot ecological project? View official recommendations

    PolkaWorld published an article some time ago about some hard indicators that must be met to determine whether a project is legal . Today is the next article in this series. In addition to hard indicators, we need to consider combining some “soft indicators” to make judgments. “Soft” indicators “Hard indicators” are the first factors you should consider when evaluating a project, and should take the most weight in your decision . The reason is that they are difficult to forge or manipulate, of course, provided that you can verify the information found. Therefore, we call them “hard” indicators….

    Polkadot News 2021-10-27
  • Polkadot founder Gavin Wood: Four main characteristics of Substrate

    On October 26th, at the 2021 7th Blockchain Global Summit hosted by Wanxiang Blockchain Lab, Polkadot founder Gavin Wood said that he is very confident that the parachain will begin to be technically feasible in December. It has completed a complete code audit. In addition, Gavin Wood also shared the status of Substrate and Polkadot . The second bridge audit is in progress. Colleagues will also deploy a bridge from the test network Rococo to the bridge test network Wococo to test the feasibility. The following is the full text of the speech The next guest, I believe everyone is…

    2021-10-26
  • Robert, co-founder of Polkadot: The future planning of parachain and the reconstruction of Rococo

    This paper finishing from October 14 Boca co-founder Robert Habermeier in “Sub0 Online 2021” Substrate Developers Conference presentation on parallel chains. I actually want to talk about today is the parallel chains , including: how to achieve, what stage to present, and future plans. I Polkadot one of the founders from 2016 and began doing Polkadot Gav together, the main programmer and team leader I am also a parallel chain code base and implementation. So the content I shared today is from the front line. Parachain V1 development circuit diagram First, let’s take a look at the…

    2021-10-23 Polkadot News
  • Robert, co-founder of Polkadot: The future planning of parachain and the reconstruction of Rococo

    This paper finishing from October 14 Boca co-founder Robert Habermeier in “Sub0 Online 2021” Substrate Developers Conference presentation on parallel chains. I actually want to talk about today is the parallel chains , including: how to achieve, what stage to present, and future plans. I Polkadot one of the founders from 2016 and began doing Polkadot Gav together, the main programmer and team leader I am also a parallel chain code base and implementation. So the content I shared today is from the front line. Parachain V1 development circuit diagram First, let’s take a look at the…

    2021-10-21 Polkadot News