Polkadot News

  • Polkadot Parachain Slot Auction will open which ecological projects are worth paying attention to?

    With the hammer of the second round of slot auctions on the Polkadot Canary Network Kusama, a total of 2.464 million KSMs are locked in parachain slots and crowd loans (approximately 21.28% of the current total issuance). According to previous plans, the Polkadot Parachain Slot auction will also officially open. A few days ago, the progress on Polkadot Github showed that the proposal to open the Parachain auction has been voted and approved by the Polkadot Council. The Polkadot Parachain Slot Auction is scheduled to open around noon on November 11 (UTC time). At that…

    2021-10-21 Polkadot News
  • Send a Polkadot and Kusama gift to friends and family

    Join the PolkaWorld community and build Web 3.0 together! Polkadot and Kusama Gifts are a new way to send DOT or KSM to anyone , even if they don’t have an account or wallet yet. The use of new users is one of the biggest challenges facing any blockchain. For members of the Polkadot community, so far, the only way for friends and family who are not familiar with blockchain to join Polkadot is to teach them how to set up their own wallets or use centralized custodial services. Now, with Polkadot or Kusama Gifts, community members can send DOT or…

    2021-10-20 Polkadot News
  • Polkadot announces a $770 million development fund before the start of the parachain auction

    Gavin Wood, the founder of Polkadot, announced a $777 million development fund before the network’s parachain lease auction. On October 17, Wood said on Twitter that Polkadot’s Ministry of Finance has allocated more than 18.9 million DOTs (valued at approximately $777 million at the time of writing) for a development fund that will be paid through community governance. Wood has made extensive recommendations on how to use these funds. He stated that in addition to ” things that Polkadot governance considers valuable, ” these funds will be used to realize the community’s vision of “building,…

    Polkadot News 2021-10-19
  • Polkadot’s “Double Eleven” slot auction feast is coming soon. How is the progress of Kusama’s first batch of mid-spot projects?

    The much-anticipated Polkadot Parachain Slot auction is finally about to begin. With the passage of Proposal 39, Polkadot will open its first auction feast on November 11. Judging from the two rounds of parallel chain auctions on Polkadot ‘s pioneer network Kusama , the competition for Polkadot slots will become more intense. October 13, along with Interlay leading network of nearly 200,000 Kintsugi to lock KSM won seats in the second round of the last auction, Kusama slot auction drama ended. The specific opening time of the next round of auctions will be determined by the board of directors after observing…

    2021-10-18
  • Web3 should develop in a more decentralized direction

    In Sub0 Online General Assembly on October 13, Boca founder Dr. Gavin Wood a keynote speech, and the developer community synchronize the progress of the development of parallel chains and other functions, parallel chains and Substrate advantage, Polkadot how to deal with supervision . The following are articles translated and summarized by PolkaWorld based on the content of the speech. Hello everyone, today I will quickly talk about three things. First of all, I will reiterate what Substrate is and the advantages of the parachain it supports. Then, I will synchronize the progress of some Substrate-related projects…

    2021-10-17 Polkadot News
  • Gavin Wood: The four advantages of parachains cannot be interrupted, upgradeability, unlimited, and no handling fees

    In Sub0 Online General Assembly on October 13, Boca founder Dr. Gavin Wood a keynote speech, and the developer community synchronous parallel progress in the development chain and other functions, and how parallel chains and Substrate advantage, Polkadot will deal with supervision . The following are articles translated and summarized by PolkaWorld based on the content of the speech. Hello everyone, today I will quickly talk about three things. First of all, I will reiterate what Substrate is and the advantages of the parachain it supports. Then, I will synchronize the progress of some Substrate-related…

    2021-10-16 Polkadot News
  • The Polkadot Parachain auction will open on November 11, the first round of auctions will be held in 5 times

     Motion 118, which opened the parachain auction on Polkadot, has been voted and approved by the Polkadot Council. This is Parity’s proposal for arranging the first set of parachain auctions on Polkadot and recommends a 3-6 months auction arrangement strategy. Based on the performance and audit status of parachains on Kusama , the Parity engineering team believes that the codes of parachains, auctions and crowdloans are ready for initial production release. After Motion 118 was voted through, Polkadot’s Slot Auction has been determined as follows: The first round: A total of 5 Auctions, starting from November 11,…

    Polkadot News 2021-10-13
  • What are the advantages of Polkadot in upgrading?

    On October 13th, Gavin tweeted that when other chains took months or even years to complete the deployment and upgrade of new network functions, Polkadot and Kusama only took 8 hours to deploy the new logic to the chain. , This is a safe, decentralized process managed by stakeholders. Subsequently, Polkadot’s official Twitter also uttered again, saying that this upgrade once again set a historical record, creating, voting and deploying a new runtime upgrade within 8 hours. The version of this upgrade is v0.9.11. In addition to the function of controlling the lease period…

    Polkadot News 2021-10-13
  • What will be the value of Kusama’s second round of slot auctions coming to an end?

    background With the last bell rang, Kusama ’s 9th slot auction has ended. After a week of ups and downs, Centrifuge’s pioneering network Altair won the second-to-last slot position in this round, which also heralded Kusama ’s first slot auction. The second phase of the slot auction is coming to an end, and there are currently Karura, Moonriver, Shiden, Khala, Bifrost, KILT, Calamari, Basilisk and Altair. On the other hand, as the Kuasma slot auction enters the countdown stage, some ecological projects have already started preparing for the Polkadot slot auction, and a week ago, Acala…

    2021-09-30
  • How does Polkadot’s complex economic model subtly support its steady development?

    ” Pokadot Knowledge Graph “ is our entry-level article for Polkadot from zero to one. We try to start from the most basic part of Polkadot, and provide you with a comprehensive understanding of Polkadot. Of course, this is a huge Engineering is also full of challenges. However, we hope that through such efforts, everyone can correctly understand Polkadot, and people who don’t know Polkadot can quickly grasp the knowledge of Polkadot. Today is the 15th issue of this column, this issue Will summarize our previous popular science articles and systematically summarize Polkadot’s economic model…

    2021-09-23
  • The paradigm shift from EVM to Wasm Why does Polkadot become the evergreen tree of the public chain?

    background If time goes back to 2017, people will still remember what happened in the blockchain field that year, especially the outbreak of the public chain field. Tens of thousands of projects that claimed to be public chains in that year would not be enough to describe However, the later story tells us that there are actually only a handful of public chains that can truly cross the river of history. As a result, the competition in the public chain seems to have changed from “a thousand arrows to one” to…

    2021-09-17
  • XCM: Message format of Polkadot relay chain operation

    Kusama has opened the 8th slot auction, which also means that Kusama’s relay chain will have an 8th parachain sharing security. The structure of Kusama’s relay chain is the same as Polkadot ‘s relay chain. Because of the shared security design, different heterogeneous chains can complete message communication. Facing the difference of heterogeneous chains, Polkadot’s cross-chain protocol needs to have some different communication methods. XCM is the message format for communication between different parachains. According to GavinWood’s introduction to XCM, we extract part of the introduction to understand XCM. XCM is a message format. It is not…

    Polkadot News 2021-09-16
  • Moonriver Guide: Kusama Parachain Compatible with EVM

    Moonriver is the first parachain compatible with EVM on Kusama, and the mainnet has been officially released on August 26, 2021. Moonriver by a complete Ethernet Square provide a seamless experience for users compatibility and low gas costs. Here is how to play Moonriver guide: 1. Add Moonriver to MetaMask Network: MOVR-Mainnet RPC:https://rpc.moonriver.moonbeam.network Chain ID: 1285 Symbol: MOVR Block explorer: https://blockscout.moonriver.moonbeam.network 2. Withdraw Moonriver token MOVR from CEX to Metamask kraken, kucoin, Gate, MEXC (minimum withdrawal 0.1 MOVR) Make sure to choose the Moonriver network when withdrawing coins 3. Use the Anyswap bridge to transfer funds from the Ethereum/Binance smart chain to the…

    2021-09-14
  • The Kusama slot auction horn rings again How far is the Polkadot auction?

    Boca parallel chains Kusama second wave of slot auctions predictable, some people having all the fun, most people still look ignorant force, What Kusama that? What is a slot auction? What is the relationship between Kusama and Polkadot ? The complicated operation logic and unknown English words shut out most people in the currency circle. Today I will use a short 1500 words to make this complicated business model clear and clear to everyone. What is Kusama? When it comes to Kusama, the first thing that comes to mind is generally the Japanese painting artist Yayoi Kusama, her English…

    2021-09-02 Polkadot News
  • How to understand the assets and applications on Polkadot and Kusama?

    Today, there is another interesting question on Polkadot’s official Reddit. The questioner seems to be an ordinary user. He asked, ” What is the expectation of the same parachain deployed on Kusama and Polkadot? For example, if I have MoonRiver tokens, will they be “ported” to MoonBeam when activated on the DOT chain? Why should I keep it? Kusama Parachain Token?” Although this problem is of no use to users who already know cryptocurrency or the structure of Polkadot , it also represents a problem. Polkadot’s multi-chain structure, auctions, leases, Kusama, etc. are still very easy for users. baffled. So in this article, we once again explain the question about…

    Polkadot News 2021-09-01
  • What are the items in the second round of Kusama slot auctions?

    Kusama’s second batch of 5 parachain slots auction will start on September 1. Which items will participate in the slot auction this time? PolkaWorld has compiled projects that may be interested in participating at the moment , and their slot bidding plans, so that everyone can understand in advance. If you are not familiar with the slot auction process, rules, participation methods, etc., you can read ” Latest | About Polkadot’s Slot Auction and Crowd Loan, just read this one “. Note: Some of the slot auction plans listed in this article were released earlier, and the project party may update or…

    2021-08-25
  • How is Polkadot’s cross-chain realized?

    ““Pokadot Knowledge Graph” is our entry-level article for Polkadot from zero to one. We try to start with the most basic part of Polkadot and provide you with a comprehensive understanding of Polkadot. Of course, this is a huge project. , Is also full of challenges. However, we hope that through this effort, everyone can correctly understand Polkadot, and people who don’t know Polkadot can quickly grasp Polkadot related knowledge. Today is the 8th issue of this column, let’s learn about Polkadot. What is the principle of card cross-chain ? As we mentioned earlier,…

    Polkadot News 2021-08-23
  • Kusama will enter the second round of auctions: How far is Polkadot’s auction

    Polkadot officially released the Kusama network performance report and the first batch of parachain slot auction overview reports, and announced the time for the second round of Kusama parachain slot auctions and the issues that Polkadot needs to solve before launching the parachain! PolkaWorld also estimated the auction time of Polkadot’s Parachain Slots from an objective perspective! Kusama second auction schedule The Web3 Foundation has released the performance and stability report of Kusama and the current six parachains in the first two days . On the whole, the block production, approval and finalization of parachains are generally stable , and occasionally there…

    2021-08-22
  • Explore the Statemine of Kusama

    Kusama’s second wave of parachain slot auctions is about to begin, and it has been almost 3 months since Kusama launched the first public welfare parachain, Statemine. In these three months, 5 slot auctions have been completed. The completed auction project has been launched on the Parachain mainnet or preliminary mainnet. And perhaps the most noteworthy is the complete function of Statemine. At present, there are already 102 kinds of assets on Statemine. Judging from the name of the assets, most of them are test-water issuance assets. Since Parachain Shell was officially upgraded to…

    2021-08-20
  • Official Polkadot Post: Slot Auction Made History

    Jonas Gehrlein, a research scientist at the Web3 Foundation, released an overview report on Kusama’s first round of parachain slot auctions yesterday, which mainly introduced: Review the first round of 5 auctions, candle auctions and Crowdloan mechanism And the impact of the auction mechanism The renewal of future parachains and these dynamic events added by new parachains analyze and interpret the influencing factors of the auction from two aspects. Due to the length of the original text, PolkaWorld has compiled some essential ideas to facilitate everyone’s understanding of important information….

    2021-08-20 Polkadot News