POLKADOT HAS EVOLVED

in Tron Fan Clublast year

free-photo-of-close-up-photo-of-gold-bitcoin-on-a-notebook.jpeg

source

Polkadot is nothing short of Genius, created by Gavin Wood. Polkadot is one of my favorite blockchains and in regards to a few things, I'd say it's my favorite. Polkadot has done things completely differently to your architectural layer 1. So, you had an Ethereum that came out of Bitcoin. Polkadot has evolved and has gone instead of facilitating smart contracts, they have focused on security, scalability, and structure. Also, they have focused on building that and then facilitating the tools for people to build on top of the secure base. This is a model that we are seeing adopted broadly. If you look at Ethereum Layer Two is because the underlying layer one can't scale have is doing a similar thing to what Polkadot's doing with its para chain.

Instead of having a blockchain where you have people kind of build on top of it but in the forms of dApps and applications. Polkadots facilitated individuals to come along to plug into their underlying relay chain and to gain all the benefits from it like billions of dollars of security, scalability, and throughput light interoperability with the other blockchains in its ecosystem. It's allowing people to build layer ones on top of it, which could be case specific. Ethereum with Layer 2 has kind of followed too. You've got Cosmos Hub with their shared security that's doing a similar thing. Polkadot is a special blockchain and these guys have some amazing things already built.

In regards to Polkadot, they're usually top in terms of GitHub commits on a weekend week-out basis. The para chains that they have, some of these power chains have partnered with the likes of Sony, Mitsubishi, Nintendo, and Deloitte which is the largest accounting firm in the world. These blockchains you can think of as independent layer 1 Ethereum competitors in many ways, that are built on top of Polkadot. This is an ecosystem that is only just getting started. One thing you'll notice with Polkadot and Chainlink is they weren't mentioned as security by the SEC and have somewhat been deemed software. This is a blockchain that I think is only getting started, and has a long way to go. This is their model of just doing things simply differently. What I love to see in the blockchain space is that I love the difference. I think that Polkadot and its ecosystem are so underappreciated and undervalued in regards to the prospect of where it could get to.

Sort:  

Polkadot Has Evolved is a good topic. From your post I know it very beautifully.

This is another great topic from you.

Polkadot is a good cryptocurrency, little wonder it is your favorite.
Thanks for sharing with us 😊👍

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 56586.53
ETH 2392.96
USDT 1.00
SBD 2.30