Saturday, April 3, 2021

Polkadot a cryptocurrency

 So having technologies such as Bitcoin and

Ethereum, which are able to, in some sense get rid of the middlemen,

many of the institutions and authorities, and

remove the need for much of the trust in society.

But what we currently have independent and isolated, legal

systems of the Internet. It creates many different

groups who, although having same vision, have

misalignment in how they wish to accomplish it.

Creating needless borders, we have new technology that is allowing us to

automate one of the sort of very fundamental aspects of an economy,

which is trust. This idea that you can have

reasonable expectations without having to trust anyone.

So develope something, a system an idea, blockchain.

A multi-chain, Polkadot, bundle lots of different blocks up all at the same

time that can be executed in parallel. So Polkadot is a multi-chain.

Things can all be executed at the same time.

Create a multi-chain, every block is actually lots

of different blocks that we can in principle run

a hundred times the amount of transaction throughput that

just one chain, like Bitcoin or Ethereum could.

Polkadot is in many respects the biggest

bet in this complex network against chain excess.

Instead create a sort of substrate, a blockchain framework.

The idea is that you can make new blockchains,

like Bitcoin and Ethereum and all the others.

The worth is huge as Polkadot basically makes what is known as a heterogeneous

blockchain. It interfaces a few chains in a solitary organization,

permitting them to handle exchanges in equal and trade information

between chains with security ensured.

 

 Now, do you want to be a part of that change and educate yourself, so you can benefit from this

 new digital technology that is here to stay.

For more info:  Click here

 
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What do you want? Financial freedom


Free to join and get more information










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