We have described the inner workings parachain auctions in our previous article, now we are going to focus on the crowdloans. So, what is a crowdloan and why may you want to participate in the crowdloan instead of bidding directly in the auctions?

Auctions recap

To just briefly remind what the auctions…

As you probably know, there are multiple projects that would like to become a parachain on either Kusama or Polkadot networks. These projects will benefit from the shared security model provided by the Relay Chain and will be communicating with each other via the XCMP protocol at the same time…

Stability is something that is not certain in the crypto space. Stablecoins came up into this field with the aim of making cryptocurrencies and even the DeFi usable. Without them, it would not be easy to adopt tens of thousands new users and attract them because they fear one thing…

Ethereum is without a doubt the most mature and largest blockchain ecosystem focused on smart contracts. While Ethereum still got the most dApps and developers that are building them, it suffers from big scalability issues that will take a lot of time and pain to solve. …

You have probably heard about Astar Network (previously Plasm) already since they are one of the very pioneers in the Polkadot ecosystem. After two years of focus on bringing Ethereum Layer 2 technology to the Polkadot, the team’s ambitions have grown. Layer 2 is now just one piece in their…

Týdenní souhrn z 11.-17. října 2021

1. Polkadot již zná termíny parachain aukcí

Polkadot council navrhla přesné datum, kdy budou zahájeny parachain aukce. Svíčkové aukce začnou 11. listopadu 2021 a prozatím je jasno o prvních dvou várkách aukcí. Ta první (aukce 1–5) budou probíhat vždy po týdnu, druhá (aukce 6–11) pak vždy po dvou týdnech. O detailech jsme informovali v samostatném článku.

Weekly summary from 11th–17th October 2021

1. Polkadot auctions announced

Polkadot council proposed the exact date of when the parachain auctions will start — November 11th, 2021. The projects will compete in the candle auction to reach the parachain slot on Polkadot, similarly as it happened in recent weeks on Kusama. The details we described in a separate article, but…

Polkadot council navrhla přesné datum zahájení aukcí parachainů. Počínaje 11. listopadem 2021 budou projekty soutěžit ve svíčkových aukcích, aby mohly získat svůj parachain slot na Polkadotu, podobně jako jsme to viděli nedávno na síti Kusama.

Oznámeny byly dvě várky aukcí

Včera byly oznámeny rovnou dvě várky aukcí. První várka bude čítat 5 aukcí, které budou…