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. …

1. Interlay has launched iBTC on Polkadot Interlay has launched iBTC — the first fully trustless and decentralized wrapped Bitcoin on Polkadot. With iBTC, you can experience all the advantages of DeFi with your Bitcoin. From the 10th of August, users are able to mint iBTC, which is a BTC representation on Polkadot. …

1. BridgePort won the 22nd auction on Polkadot, Integritee the 23rd one BridgePort is the winner of Polkadot’s 22nd parachain auction by locking 76k DOT tokens. BridgePort is bringing gaming and blockchain technology platforms together to build the infrastructure on Web3, metaverse space, and the NFT ecosystem globally. The winner of the 23rd parachain auction on Polkadot is Integritee. Integritee is the…

1. Kintsugi won the 44th auction on Kusama by self-funding Kintsugi is the winner of the 44th auction on the Kusama network by self-fund 2 944 KSM worth $173 134. Kintsugi now has another parachain slot while winning the 11th auction last year. While the previous slot ends its leasing period on 8th August 2022, Kintsugi needed to take action…

Polkadot started its on-chain governance from Day 1. But the evolution of the chain and the ecosystem leads Gavin and the other governance participants to the slow and steady change of the governance model to another version. …

1. Darwinia Network won the 21st auction on Polkadot Darwinia has recently won the 21st Parachain Auction on Polkadot. This auction went without crowdloans, so Darwinia secured it by locking 9 900 DOT by themselves. …