Earlier on Thursday, Polkadot co-founder Gavin Wood teased the release of the Join-Accumulate Machine (JAM) update on X. The goal of this proposal is to completely change Polkadot’s trajectory going forward. At the Token2049 crypto conference in Dubai, Wood introduced the JAM Gray Paper and gave insights about the revolutionary
The cryptocurrency market has surged recently, transitioning from a specialised asset class to a pivotal investment avenue. Amidst this burgeoning landscape, investors encounter a myriad of digital currencies, necessitating careful discernment. Analysts carefully scrutinise a vast array of cryptocurrency projects on a global scale to identify the most promising candidates
The number of active addresses on the Polkadot blockchain has surpassed all previous records. An April 7 X post by Polkadot provided statistics from DotLake, which showed that Polkadot had over 600,000 active addresses on-chain by the end of March. Among the 605,000 addresses, 248,000 (or more than 41%) are
The community currency $DED, backed by Polkadot, made it to the trending charts on X (previously Twitter), indicating the power and support of the community for the memecoin. $DED has just become the newest community coin to make waves in the space. Over 20,000 people are waiting for their airdrop in the $DED
The public launch of Polkadot community coin $PINK has been announced. On March 21, the memecoin—which has been airdropped to top Polkadot communities—will go live. The figure 2,300,001,221 honors Polkadot’s RGB color coding and represents the entire supply of $PINK. The memecoin $PINK is issued on Polkadot AssetHub. $PINK has been distributed fairly by
We are thrilled to announce that Dune and Colorful Notion have partnered to provide Polkadot ecosystem data to Dune for the first time. As of right now, you can use Dune to query the Kusama and Polkadot relay chains in addition to AssetHub for the parachains of Centrifuge, Astar, Bifrost,
In a significant milestone, a new consensus protocol, BEEFY, has been activated on Polkadot’s canary network Kusama. This will allow for the blockchain to be verified seamlessly on Ethereum and other networks that are compatible with the EVM. For Kusama, the BEEFY protocol is revolutionary because it makes it possible to easily verify
Polkadot has granted Dedicated liquid staking middleware Bifrost a 500,000 DOT treasury loan, the company stated. The one-year loan is meant to support the adoption, utilities, and use cases of the asset across DeFi dApps within the Polkadot ecosystem, including Substrate and EVM parachains. It was made possible after the Bifrost
In the volatile world of cryptocurrency trading, success stories of individuals turning modest investments into substantial gains are not uncommon. One such remarkable tale is that of a crypto trader who, in the tumultuous year of 2021, managed to turn a $50,000 investment into a staggering $1 million. Now, as
The Polkadot blockchain has surpassed earlier records established by Solana and Polygon, setting a new record of 4930 NFTs per minute—a significant accomplishment for blockchain and Web3. Unique Network, a Polkadot parachain that specializes in composable NFTs, minted the NFTs for the interactive Web3 game Forever Has Fallen, marking a
