Tag: parachain

Jul 21 2021

Staking Liquidity Platform Bifrost Wins 5th Kusama Parachain Slot

The fifth parachain slot on Polkadot’s Kusama platform has been awarded to DeFi staking protocol, Bifrost. The announcement was made by U.S. crypto exchange Kraken on July 20, 2021. It added that the auction for the fifth parachain slot ended on block 8,355,247 and Bifrost won it with a total amount of 142,431 Kusama tokens (KSM) worth an estimated $23 million bonded to...

Jul 20 2021

Karura (KAR) Trading Starts July 20 – Deposit Now

Jul 20 2021 Published at Kraken Blog under tags  announcements | kraken news parachain

We are excited to announce that Kraken is now supporting Karura (KAR). Deposits and withdrawals are now open. Trading will begin Tuesday, July 20, at approximately 15:30 UTC. Note: Trading is not available to residents of the USA, Canada, Australia and Japan. What is Karura?… The post Karura (KAR) Trading Starts July 20 - Deposit Now...

Jul 06 2021

Shiden Wins The Third Kusama Parachain Slot Auction

We are excited to announce that Shiden secured the third parachain slot on Kusama – Congratulations! Slot 3 Winner Shiden (SDN) – A smart contract platform for decentralized applications (dapps) on the Kusama network. Shiden is built to support “layer 2” solutions, which refers to… The post Shiden Wins The Third Kusama Parachain Slot...

Jun 12 2021

Kusama Crowdloan: How to Participate

The Kusama and Polkadot networks have a limited number of parachain slots. The network allows the parachains to acquire Kusama (KSM) for the parachain bidding via crowdloans. Recently, Crust Shadow, Shiden,...

Jun 10 2021

Top 4 Kusama Crowdloan Projects

The Kusama parachain crowdloan auction, wherein interested projects can bid to book a slot, is currently ongoing. Kusama (KSM) is well-known as a canary network of Polkadot, strategically designed to cater to the needs of designers and developers looking to test implementations and experimentations. These tests are usually very important before the official launch of these features on the mainnet. It is crucial...

Jun 01 2021

10 Reasons to Buy Litentry

Jun 01 2021 Published at Altcoin Buzz under tags  altcoin projects crypto defi lit litentry

Litentry seeks to solve a controversial problem of the crypto industry, which whether the community admits it or not, is necessary. It wants to connect identifiers with blockchain-based wallets in a way that instead of a third- party, the blockchain checks users' identities. With Litentry, crypto and blockchain projects could offer dedicated services as per the identity's qualified data....

May 25 2021

How to Invest in Polkadot Parachain Auctions: Parachain Projects 101

May 25 2021 Published at CoinCentral under tags  articles dot guides parachain polkadot

Polkadot is building a blockchain ecosystem and it’s far from the ICO craze of 2017. Polkadot enables an internet where independent blockchains can communicate with each other in a secure, trust-free environment. Polkadot is t...

May 20 2021

Polkadot Decoded: Auctions, Crowdloans, and Parachain Slots

The Kusama and Polkadot parachain auction(s) is one of the most anticipated events of 2021. Shawn Tabrizi, a core software developer with Parity Technologies, took us through the whole process. Tabrizi explained at Polkadot Decoded that Polkadot is a Layer Zero blockchain that will connect different Layer 1 blockchains to form a connected multichain blockchain. These Layer 1 blockchains are called parachains. Polkadot...

May 11 2021

Top Polkadot Updates: 05/02 – 05/09

Another astounding week in cryptocurrencies pushed the price of major digital assets through the roof last week. Ethereum certainly stole the limelight by reaching a new all-time high of $4,067. While most altcoins followed the lead of Ethereum...

May 04 2021

Top Polkadot Updates: 4/26 – 5/02

Polkadot's native token, DOT, struggles to move past its resistant level, leaving investors and traders wondering as the rest of the market continues to flirt with new highs. However, this altcoin made headlines with the launch of a new investment trust and as parachain auctions were about to hit the market. Moreover, Polkadot projects continue making developments to add value to its ecosystem....

Apr 30 2021

How to Participate in Kusama Parachain Auctions

Kusama is Polkadot's canary network designed for designers and developers to run experiments and test implementations before merging any feature on the main chain. It has a lower barrier to entry and faster governance parameters compared to Polkadot. Kusama isn't a testnet. Instead, the team has built it to function...

What are Polkadot Parachain Auctions? How Do They Work?

The Polkadot network has three integral parts in its architecture: relay chain, bridges, and parachains. Parachains are Layer 1 blockchains that have their state transition function. For instance, a blockchain can be an identity chain and another can be a smart contract chain. Parachains' governance and economics define them, which then allows them to have their design and specifications....

Mar 23 2021

ParaState – The ETH – DOT Ecosystem Bridge Testnet is Live!

ParaState, the project that aims to become a Polkadot parachain and extend the frontier of Ethereum with substrate framework announced an important milestone. According to the information shared with Altcoin Buzz, ParaState’s first public testnet is live. The public testnet named Plato went live on 22 March. Furthermore, the testnet warm-up period will give future ParaState users an opportunity to verify what the...

Jan 22 2021

Polkadot Turbocharged With Parachain Partners Plasm Network

Jan 22 2021 Published at Altcoin Buzz under tags  dot layer 2 parachain plasm network polkadot

The fourth-largest crypto network, Polkadot, continues to expand in terms of partners, and the Plasma Network is the latest to team up with the project to increase throughput. Plasm Network is a multi-virtual machines scalable smart contract platform running on Polkadot. It supports Layer 2 scaling...

Jan 14 2021

Polkadot (DOT) Shoots 40% Above $11.50 to Become the Fifth-Largest Crypto Leaving Behind Litecoin (LTC)

Jan 14 2021 Published at Coingape under tags  altcoin news dot ltcbch ltcbnb ltcbrl

In a massive rally, Polkadot (DOT) has entered the ranks of top-ten cryptocurrencies by market cap leaving behind long-time giants like Litecoin (LTC) and Bitcoin Cash (BCH). At press time, the DOT price is up 40% above $11.50 with its market...

Jan 13 2021

Plasm Network Parachain Live on Rococo V1

Plasm Network, a leading dApp platform built on the Parity substrate, has successfully connected to Polkadot’s Rococo V1 testnet. According to an official blog post, Plasm Network is the first-ever parachain on Rococo V1. For the uninformed, Rococo V1 is Polkadot’s first-ever public testnet parachain....

Dec 08 2020

Can Gavin Wood’s Polkadot ‘Make Blockchain Great Again’?

Gavin Wood, founder of Polkadot, Kusama, and Parity, discusses what he calls the "meta-protocol," Polkadot. In this episode, he talks about: his vision for Polkadot and the problems he set out to solve when conceiving it why he considers Polkadot a meta-protocol...

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