Tag Archives: parachains

Eden Labs: Polkadot

Summary

Polkadot is a protocol that enables independent blockchains to exchange information. The defined purposes behind the project are:

  • To enable applications and smart contracts on one blockchain to transact with data and assets on other chains;
  • To run several parachains, each processing multiple transactions in parallel, allowing networks to enjoy infinite scalability;
  • To benefit from shared security, where individual chains leverage collective security without having to start from scratch to gain traction and trust.

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