Polkadot Solidifies its Position in the Blockchain Industry with a Game-Changing Partnership, Gaining Access to a Multi-Billion Dollar Ecosystem
• A new bridge is now facilitating the connection between Polkadot (DOT) and its sister chain or “canary network” Kusama (KSM).
• Centauri is the first implementation of the Inter-Blockchain Communication (IBC) standard employed in the Cosmos (ATOM) ecosystem.
Polkadot has taken a crucial step in its development after the l aunch of its bridge with sister chain Kusama. Polkadot has reaped massive benefits since the launch of Kusama which is a scalable multi-chain network for developers and projects to launch and test out early-stage development using the same codebase as Polkadot. Following the relation, Polkadot (DOT) and Kusama (KSM) are generally referred to as the DotSama ecosystem.
According to a post earlier this year, 37 parachains have joined Polkadot, with an additional 42 parachains on Polkadot’s canary network, Kusama, providing a clear illustration of their dominance. These parachains are able to fully customize their own layer-1 blockchain in an optimal way for their use cases such as DeFi, smart contracts, social media, decentralized identity, IoT, gaming, the metaverse, and sustainability.
Per the announcement , Polkadot and Kusama will be connected by a seamless bridge dubbed Centauri, through the Inter-Blockchain Communication (IBC) standard of the Cosmos (ATOM) ecosystem.
Read More: https://www.crypto-news-flash.com/polkadot-solidifies-its-position-in-the-blockchain-industry-with-a-game-changing-partnership-gaining-access-to-a-multi-billion-dollar-ecosystem/
• A new bridge is now facilitating the connection between Polkadot (DOT) and its sister chain or “canary network” Kusama (KSM).
• Centauri is the first implementation of the Inter-Blockchain Communication (IBC) standard employed in the Cosmos (ATOM) ecosystem.
Polkadot has taken a crucial step in its development after the l aunch of its bridge with sister chain Kusama. Polkadot has reaped massive benefits since the launch of Kusama which is a scalable multi-chain network for developers and projects to launch and test out early-stage development using the same codebase as Polkadot. Following the relation, Polkadot (DOT) and Kusama (KSM) are generally referred to as the DotSama ecosystem.
According to a post earlier this year, 37 parachains have joined Polkadot, with an additional 42 parachains on Polkadot’s canary network, Kusama, providing a clear illustration of their dominance. These parachains are able to fully customize their own layer-1 blockchain in an optimal way for their use cases such as DeFi, smart contracts, social media, decentralized identity, IoT, gaming, the metaverse, and sustainability.
Per the announcement , Polkadot and Kusama will be connected by a seamless bridge dubbed Centauri, through the Inter-Blockchain Communication (IBC) standard of the Cosmos (ATOM) ecosystem.
Read More: https://www.crypto-news-flash.com/polkadot-solidifies-its-position-in-the-blockchain-industry-with-a-game-changing-partnership-gaining-access-to-a-multi-billion-dollar-ecosystem/
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