Polkastarter Pool Sales Out In Under 30 Seconds
Polkadot is a cutting edge blockchain that expands on the progressive guarantee of past blockchain networks. Polkadot is a sharded multichain network, which means there are no bottlenecks like on legacy blockchains. Sharded anchors associated with Polkadot are designated "parachains" on the grounds that they run on the organization in equal.
All blockchains make tradeoffs to help various highlights and use cases. For instance, one chain may upgrade for personality the executives while another might streamline for document stockpiling. On Polkadot, each blockchain can have a plan for their particular use case. This means developers can build on Polkadot blockchains quickly and without any unnecessary code. By expanding on the Substrate advancement system, groups can create and alter their blockchain quicker and more productively than any other time conceivable.
Polkadot also offers interoperability and cross-chain correspondence making the possibility of moving data between chains easy and seamless. For instance, a chain offering monetary types of assistance can speak with another that gives admittance to genuine information.
Periodically, blockchains need to make updates or have disagreements which result in hardforks. Polkadot empowers forkless updates, permitting blockchains to advance and adjust as necessary.
Polkastarter, is DEX built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized, permissionless and interoperable environment based on Polkadot and it made its debut yesterday.
We could not be happier with the community participation on the very first on-chain day of our MVP platform. Both our first two fixed swap token pools on Polkastarter sold out in less than 30 seconds. Our website survived having 10,000+ users simultaneously accessing our Ethereum dapp. Our servers managed to hold all throughout the usage peak period. Most importantly, our technology stack was able to help a great project, SpiderDAO, get closer to realizing its dreams by helping them to raise $200,000 almost instantly!
In summary, 84 people were able to participate in the exclusive pool for Polkastarter Token ($POLS) holders and 113 on the public one. Combined, these pools were able to raise 340 ETH virtually instantly.
Polkadot, which launched its mainnet in May now has over 200 projects in some development stage on the blockchain. In September, digital asset development company RockX launched a $20 million investment program to support projects building on the protocol.
Some are calling Polkadot, the ethereum killer." However, I think the pie is so bigger and continues to bigger, that there will be enough food for every one to eat.
This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions.
Posted Using LeoFinance Beta
Sounds pretty cool. I like that it can update without a fork. I like reading about other things but am focused soley on Leo. That's all I can handle lol.
Posted Using LeoFinance Beta
Polkadot is one project that I didn't yet invested into, while there is a lot of buzz around it. The mirage of forkless updates is something that every blockchain dreams off and is one challenge on which Polkadator might thrive. A blockchain platform to look forward for an opportunity to move into.
Posted Using LeoFinance Beta
Nice its a Dex base cryptocurrency with multi chain
Ethereum developers flee to Polkadot
Posted Using LeoFinance Beta