Web 3 Foundation's highly anticipated robust blockchain platform Polkadot is now live
PRESS RELEASE. Polkadot promises to bring innovation, robustness and enhanced security to systems decentralized blockchains, allowing the transfer of all kinds of data - not just tokens.
September 10 e 2021 - The Web 3 Foundation worked in collaboration with over 100 leading blockchain development specialists to create the advanced Polkadot platform, which, in line with their development roadmap, is now live.
Blockchain technology has been at the heart of much innovation in a number of fields in recent years , from the most famous sphere of crypto-currencies, to areas such as logistics andhuman resources. Decentralization brings many benefits and offers huge potential, but also creates challenges that Polkadot aims to take an innovative and robust approach to solve.
Polkadot uses an issue-based system to establish which actors to trust within its blockchain network. This advanced approach allows for better security and a robust framework suitable for use with all kinds of data, not just cryptographic tokens.
Interoperability between several blockchains
One of the aspects Most impressive about Polkadot is its ability to ensure interoperability between multiple blockchains, which makes it scalable in a way that no other platform can currently compete. Polkadot is also extremely easy to implement, allowing users to createCustom blockchains in minutes and enjoy the interoperability and scalability benefits inherent in the platform from day one of its use.
Polkadot also aims to be future-proof, having been designed in such a way that it can be upgraded without hard forks, meaning that as technologies improve, Polkadot users will be able to exploit them without encountering problems with their existing data or blockchains.
A new approach to security
Another Web 3 advantage Foundation put Polkadot platform has a new approach to security, which allows blockchains to remain independent in terms of governance, while sharing the same high level of security. Security is one of the biggest concerns of people who engage in blockchain, and Polkadot 's approach can offer complete assurance in this regard.
Polkadot development has been an interesting process, and until 2020 and 2021 the testing and initiation phases have been successfully completed. This means that Polkadot is now online and ready to use. Complete information on how the technology and the issue-based system work is available on the website at Polkadot.network .
For the future, the development of Polkadot will continue with an approach taking into account the vo ice of the community users. As users are seen as stakeholders, developers aim to work alongsides community to avoid stagnation of the platform and its functionality, and continue to provide the most innovative and efficient platform for blockchain implementation. The development roadmap for the next phases is available on the Polkadot website.
The arrival of Polkadot as a live service is certainly an interesting one for those interested in advancements in blockchain technology as a whole, and for those looking for a powerful and reliable platform for their own blockchain implementations.
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