Blockchain

Story: Polkadot (DOT) Betting against Chain maximalism and Complementing Non-Optimized Ethereum…

By Steven Anderson

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Polkadot is rolling out the most robust platform for security, scalability and innovation. Having launched the genesis block of its Relay Chain in May 2020, Polkadot is now on…

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Dr. Gavin Wood, Co-Founder CTO Ethereum, Founder Polkadot stated, we were just kind of thinking how we could may be create the next version of Ethereum.

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He pointed to how we currently have a patch work of independent and isolated ecosystem of the internet.

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We have this great new technology that is allowing us to alternate one of the very fundamental aspects of the economy, which is trust, which is this idea that I could have…

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He pointed to how it was a general idea when starting Ethereum back in 2014 that Ethereum 2 should be under development by late 2016, here we were sitting around in 2016 and…

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So, all these led to the coming of Polkadot.  Polkadot is multi chain.  The idea is that it is a blockchain, but bundling different blocks of all at the same time be…

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Endeavoring so we created a sort of multi chain because every block is actually also made up of different blocks that in principle can run 100 times the amount of transactions…

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Polkadot therefore he states in many respects is a bet against chain maxi-malism.  He stated that even if there will be one perfect blockchain it will not be so for very long time.

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We hope you’ll like this article and if so feel free to send a tip to our writers in DOT.

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Polkadot Address: 16Ln8kkZLmQTYv2nUseu34MWbUMxUyb67tim8vUEX7MRbbWv

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