Polkadot allows new designs of blockchains to communicate and
pool their security while still allowing them to have entirely
arbitrary state-transition functions.
This opens to the door to a network of blockchains, where private
and consortium chains can be firewalled from open and public chains
like Ethereum without losing the ability to communicate with them
on their own terms, not unlike the intranet/internet synergy we see
At a high level, here are the problems we are attempting to
Polkadot is designed to enable applications and smart contracts on
one blockchain to seamlessly transact with data and assets on other
Polkadot gives the ability to run several parachains*, each
processing multiple transactions in parallel, which allows networks
to obtain infinite scalability.
3. Shared Security
With Polkadot, security is pooled within the network, which means
that individual chains can leverage collective security without
having to start from scratch to gain traction and trust.
Parallelised candidate selection
Proof of Stake chain
Transaction processing subsystem
Attention. There is a risk that unverified members are not actually members of the team
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