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 launch 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.
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.
