#Polkadot News

Polkastarter: Antiscam Decentralised Protocol

September 25, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

A well known occurrence in the blockchain especially as it deals with the rave of the moment of any new event tends to be taken advantage of by some interesting section of the industry, who instead of putting together their skills for better development of the ecosystem will instead opt...

Voting to Upgrade the Polkadot (DOT) Runtime in Progress

September 23, 2020 by Dalmas Ngetich at Altcoins

A proposal by Raul Romanutti to upgrade the Polkadot Runtime Environment (PRE), otherwise known as the state machine, to version 24, is currently up for vote. Activation will be by a simple majority. Upgrading the Polkadot Runtime Environment The PRE is the outer shell of the Polkadot protocol and serves...

Polkadot Partners With Trace Alliance to Realize Vision of a New Blockchain-Agnostic Internet

September 10, 2020 by Evan Ezquer at Altcoins

Parity Technologies, the parent company behind the popular Web 3.0 Foundation project, Polkadot, has secured a partnership with Trace Alliance, as announced in an official blog post on OriginTrail on September 9. This partnership exhibits a major milestone in achieving the goal of creating a blockchain-agnostic internet. About the Partnership ...

Polkadot’s New DOT Token Has Just Landed in the Top Ten Cryptos

August 26, 2020 by Aisshwarya Tiwari at Altcoins

Polkadot’s native token has only been transferable for around a week, but it’s already proving immensely popular. The “new DOT” as it’s dubbed following a redenomination last week, has skyrocketed through the rankings to land in seventh place between Bitcoin Cash and Litecoin, according to CoinGecko. The ranking reflects the...

A DeFi-Focused Consortium Is the First Parachain to Launch on Polkadot’s Rococo Testnet

August 21, 2020 by Dalmas Ngetich at Altcoins

Acala — a decentralized finance (DeFi) consortium and a cross-chain hub planning to bring stability, interoperability, and liquidity to the mainstream, has launched the first shard — or Parachain, on the Rococo Testnet as per an update on Aug 21. The test network is the first on Polkadot — an...

Polkadot (DOT) Set to Undergo Redenomination, Here’s All You Must Know

August 19, 2020 by Shaurya Malwa at Altcoins

Decentralized web network Polkadot (DOT) will undergo a “redenomination” of its tokens on August 21, which will see token holders receive more tokens but the total value unchanged. DOT Redenomination As per a blog, token transferability was enabled on August 18, exactly at block number 1,205,128. This occured at approximately...

Ethereum Set to Shatter 2018 Cumulative Annual Gas Fee Record

July 21, 2020 by Osato Avan-Nomayo at Ethereum

Despite 2020 being only halfway done, the Ethereum blockchain is set to achieve a new annual gas payment record. USDT and DeFi Push Ethereum Gas Fees to New Heights According to Wilson Withiam — a researcher at crypto analytics platform Messari — the total gas payment recorded on the Ethereum...

Polkadot Announces Protocol-Wide Integration of ChainLink

February 26, 2020 by Ashwath Balakrishnan at Altcoins

ChainLink finally has its first integration outside of Ethereum, having completed a successful integration with Parity's substrate blockchain. This integration implies ChainLink has taken another step towards becoming the oracle of choice for Polkadot, with a parachain on the Kusuma testnet imminent, February 26, 2020. ChainLink to Improve Polkadot's Utility...

Parity Announces Last Gap Update for Second Time in a Month

January 2, 2020 by Ashwath Balakrishnan at Ethereum

Of late, Parity has started to get on the bad side of many in the Ethereum community. Before the Istanbul hard fork, it was revealed that there was a bug in the client update and a last-minute upgrade was released to prevent anything going wrong. Once again, a bug that...

Parity Slowly Dumping Ethereum to Focus on Polkadot

December 17, 2019 by Ogwu Osaemezu Emmanuel at Ethereum

Parity Technologies, the distributed ledger technology (DLT) project in charge of the Parity Ethereum client has announced plans to adopt a decentralized autonomous organization (DAO) model for its Ethereum codebase. The firm says the move will enable it to focus more on the development of its Polkadot ecosystem whilst also...

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