Share this article
Most Influential 2021: Gavin Wood
Following the first batch of parachain auctions, Polkadot will solidify its place as a key proof-of-stake blockchain.
By CoinDesk
Updated May 11, 2023, 4:31 p.m. Published Dec 9, 2021, 9:45 p.m. 1 min read
Polkadot, the proof-of-stake blockchain Gavin Wood built after co-founding the world’s largest blockchain Ethereum, is gearing up for launch. Designed as a scalable blockchain that addresses the fundamental flaws in Ethereum 1.0′s architecture, Polkadot leverages a network of parachains (or parallel blockchains) that can run their own assets and ecosystems while maintaining interchain interoperability. Many of Polkadot’s foundational projects are set to go live this month, following a series of closely watched parachain auctions.
The Complete List: CoinDesk’s Most Influential 202
More For You
Also: Citi on quantum computing and bitcoin, Jump Crypto’s Firedancer, and Vitalik Buterin on AI verification
What to know:
Welcome to The Protocol, CoinDesk's weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk.
In this issue:
- ‘What's happening at the EF?’ Ethereum community is looking for answers after high-profile departures
- Bitcoin faces outsized quantum threat as computing breakthroughs accelerate, Citi...
Top Stories
