Parachain

Cardano plans to make its blockchain interoperable and compete with the DeFi ecosystem based on Ethereum. Using its native altcoin (ADA), Cardano is getting closer to its decentralized finance objectives in partnership with dcSpark. dcSpark, a product-based DLT company, announced on Wednesday plans to develop a new sidechain project titled “Milkomeda” to aid cryptocurrencies not…

Following the debut success of Kusama Parachain auctions back in June of this year, the Kusama Council is set to approach a further five auctions. The good news is rolling in for the Polkadot team, who’ve been working hard on Parachain auctions on its testnet. In addition to being secured by the central Relay Chain,…

While Polkadot and Ethereum are entering the final stretch of the race for blockchain supremacy, comparing them is almost inevitable. They use a comparable architecture on the technical level and proof-of-stake consensus to achieve scalability. Vitalik Buterin and Dr. Gavin Wood also have a shared history in Ethereum. This year is set to be a…

As the initial five Kusama parachain auction winners have been chosen between June 15th and July 20th, Moonriver, a community-driven sister network to the Moonbeam Foundation, became among them. Kusama is the sister network of Polkadot, serving as a testbed where much of the innovation is unfolding. Similarly, Moonbeam has its own sister that serves…

Parachains provide an original alternative to the current centralized internet infrastructure with its weaknesses. How does it works, explained by Alex Siman, founder of Subsocial, a Polkadot-based decentralized social network platform. The upcoming Ethereum London upgrade, along with the launch of Polkadot and Kusama’s parachains, has delivered a piece of good news to the crypto…

Built on Polkadot, Pontem Network, a decentralized application framework, has partnered with Pinknode service provider to develop an experimental test environment for Facebook’s Diem blockchain-based payment system. It will lay the groundwork for various applications to join Diem’s network, providing decentralized finance and other features to Facebook’s users. Diem Association, the rebranded Libra cryptocurrency project…