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  1. Dictionary
  2. Blockchain

Polkadot

Polkadot is a Layer 0 blockchain designed to support the creation of new chains. Many different chains can be created, all interoperable with Polkadot and each other. Polkadot supports many features, but each chain can choose to incorporate only the features that their users will need.

To speed transactions at scale, Polkadot uses a new approach called “sharding” that allows it to process many transactions on several chains in parallel instead of one by one. And that means there is room for enormous growth. The sharded chains built on Polkadot are called “parachains” because they run on the network in parallel. Polkadot supports governance tools and forkless upgrades, so chains can make the process of change less painful and chaotic.

“Polkadot's unique design gives projects more possibilities for innovation and flexible iteration than was ever possible in previous networks. By bringing multiple specialized chains together into one scalable network, Polkadot enables blockchain technology to reach its full potential for real-world use cases, giving rise to new markets and paving the way for future decentralized economies.” - Polkadot

How is Polkadot relevant to the Network State?

The Polkadot team has created an ecosystem of interoperable products, uniting many user communities on a common relay chain. Jur is building network state tools on Polkadot so that they will be accessible to as many users as possible.

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Last updated 2 years ago

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