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Polkadot to debut parachain auctions after governance vote
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Polkadot has laid out a schedule to debut parachain auctions on Nov. 11 following unanimous approval from the blockchain’s on-chain governance council members. The news marks a landmark achievement, as it fulfills the final core technical element of the white paper published five years ago.
Parachains are uniquely distinctive layer-one blockchain platforms that operate laterally alongside the main Polkadot network, in addition to being tethered to the Polkadot Relay Chain. Their purposeful function can be witnessed across a multitude of areas from decentralized finance to smart contracts.
Speaking at the Sub0 Conference as representatives of Parity Technologies, Polkadot founders Gavin Wood and Robert Habermeier confirmed that Polkadot now
Read more on cointelegraph.comAbout this in other media
Polkadot needs assurance on these counts before making a new ATH ambcrypto.com /2 years ago
Upcoming parachain auctions send Polkadot to new ATH, while CHR and THETA follow cointelegraph.com /2 years ago
These factors are setting up the stage for Polkadot’s rally to new ATH ambcrypto.com /2 years ago
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