Polkadot Launches Parachains, Increasing Scalability
The first five parachains went live on Polkadot over the weekend.
Polkadot
The first five parachains went live on Polkadot over the weekend.
Polkadot founder Gavin Wood and Three Arrows Capital were among those who invested.
Blockchain protocol Polkadot (DOT) failed to impress investors over the weekend as it launched its first set of parachains, or individual blockchains running in parallel within the Polkadot ecosystem.
The long-in-the-making process of bringing multiple blockchains to the Polkadot network culminated this weekend with the official kick-off of five parachains. The post Parachains officially launch on Polkadot network appeared…
The Polkadot parachains are now live on the mainnet and the first that will lease a slot are Moonbeam, Parallel Finance, Clover, and Astar as we are reading more today…
Polkadot’s ecosystem hit another milestone on its journey towards full interoperability recently after the first set of parachains were launched on the blockchain platform. As per an official announcement, the…
The Polkadot team invested five years into the development of the parachains, which were allocated to teams via auctions.
While Bitcoin struggled to cross the $47,000-level, the fear sentiment had already heightened. Despite this, MATIC and The Sandbox managed to bag daily gains on their charts as the near-term…
Parachains have launched, bringing Polkadot’s multi-chain capabilities to life.
The first five parachains are Acala, Moonbeam, Parallel Finance, Astar and Clover.