Cryptocurrency Q&A Which blockchain is Polkadot on?

Which blockchain is Polkadot on?

Valentina Valentina Tue May 14 2024 | 7 answers 1512
I'm curious about the underlying blockchain technology that Polkadot is built upon. Could you elaborate on the specific blockchain that Polkadot utilizes? I'm interested in understanding its architecture, functionality, and how it differs from other blockchain solutions. Additionally, I'd like to know if Polkadot operates on a single blockchain or if it incorporates multiple blockchains within its ecosystem. Could you provide a concise yet informative description of Polkadot's blockchain foundation? Which blockchain is Polkadot on?

7 answers

IncheonBlues IncheonBlues Thu May 16 2024
Parallel to the Relay Chain are numerous user-created blockchains, known as Parachains.

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Ilaria Ilaria Thu May 16 2024
These Parachains leverage the Polkadot infrastructure, allowing for scalability and interoperability.

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EnchantedNebula EnchantedNebula Thu May 16 2024
The Parachains are auctioned, providing users with an opportunity to create and operate their own blockchains.

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JejuJoy JejuJoy Thu May 16 2024
The Polkadot network revolutionizes blockchain technology through its innovative architecture.

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JejuSunshineSoulMateWarmth JejuSunshineSoulMateWarmth Thu May 16 2024
This decentralized approach encourages innovation and diversity within the Polkadot network.

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