How Polkadot battles the “free rider” problem with ‘common goods’ Parachains

A unique problem exists on the Polkadot network: the presence of “free riders” who can benefit when others pay for parachain slots. But there’s a solution for that. Parachains and what they do Polkadot, for the uninitiated, is a high-speed, secure blockchain capable of supporting smart contracts via the many “parachains” that are deployed on…

Polkadot’s upcoming parachains to be tested on the Kusama Network

Ahead of its long-awaited parachains launch, Polkadot published a comprehensive roadmap where it revealed that all upcoming parachains will be tested and optimized both on regular parachain testnets such as Rococo and on the Kusama Network. Polkadot publishes comprehensive parachain launch roadmap Parachains, the building blocks of the ambitious Polkadot network, are set to see…

Goldman Sachs, JPMorgan, UBS buy the first ETP offering exposure to Polkadot’s DOT

Data from the Bloomberg Terminal has revealed that some of the biggest Wall Street players have bought the world’s first exchange-traded product (ETP) for Polkadot. Goldman Sachs, JPMorgan, UBS, and ICAP have all bought different amounts of the Polkadot ETP shares, signaling the rising institutional appetite for crypto derivatives. Major Wall Street players experimenting with…

Developers can now host Cosmos (ATOM) chains on Polkadot (DOT)

A new update would allow developers building on Cosmos to migrate to a Polkadot parachain and introduce new features, as per a release shared with CryptoSlate. Cosmos <> Polkadot As per the release, Cosmos developers who were previously accustomed and limited to only building with the Cosmos SDK—a framework for building application-specific blockchains—could now maintain…

Cardano (ADA) and Polkadot (DOT) push XRP out of the top five cryptos

Cardano (ADA) and Polkadot (DOT) push XRP out of the top five cryptos | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest News › Altcoins Liam Frost · February 17, 2021 at 5:58 pm UTC · 2 min read Cardano (ADA) and Polkadot (DOT) outpaced…

New launch sees Polkadot stablecoin Acala power Ethereum-based DeFi systems

The new Acala EVM brings together Ethereum and Polkadot with a composable, single-wallet that allows users to set their own gas fees and schedule on-chain transactions. Bringing Polkadot tech to Ethereum Acala’s engineering team has launched the Acala Ethereum Virtual machine (EVM) ahead of the ETHDenver 2021 hackathon, it said in a release shared with…

Polkadot (DOT) price breaks new all-time high ahead of ETP launch

The price of Polkadot (DOT) reached a new all-time high of $21.13 ahead of the first DOT-based exchange-traded product (ETP) going live tomorrow. Polkadot is a blockchain-focused on interoperability, transactional scalability, and ease of innovation. It is built on an open-source protocol and offers a sophisticated governance system where all stakeholders can vote for new…

Polkadot (DOT) has set out to solve the problem of fast innovation

One of the most decentralized networks in the world, Polkadot created a spark that ignited the blockchain revolution and the switch towards more community-oriented protocols. We explore what’s behind the network that calls itself a “chain of chains” and wants to disrupt the way people innovate with blockchain technology. Polkadot is an exercise of blockchain…

How Phala Network is bringing on-chain privacy to the Polkadot (DOT) ecosystem

The burgeoning Polkadot ecosystem is getting yet another huge use case to its ever-expanding suite of innovative products. Privacy for transactions The cryptocurrency space—far, far before its current form—started out with the ethos of financial inclusion and privacy. This meant transacting in a fully private, safe manner while still viewing all such transactions in a…

How Polkadot project StaFi brings liquidity to staked assets like DOT and ETH2

Massive amounts of capital are locked in staked crypto assets. But a relatively new platform is making those markets both tradeable and liquid. Enter StaFi StaFi, founded in 2020 and built on Polkadot, is among the first-ever decentralized protocols that help unlock the liquidity of staked assets via its own platform. This means users can…