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Polkadot... The Dot That Connects The Dots!

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by COINS NEWS 151 Views

Any other Polkadot enthusiasts here? I have personally have been slowly filling my bag for a few months now. Polkadot is a network of networks, or a block space ecosystem, that allows different blockchains to communicate and cooperate with each other, it fundamentally aims to unlock the full potential of Web3, where users can enjoy a decentralized, secure, and interoperable internet. Polkadot has been making headlines recently with some exciting news and developments.

- Polkadot 1.0 has been completed and released, marking the end of the original vision outlined in the whitepaper. Polkadot 1.0 introduces blockspace composability and scalability, enabling developers to create innovative applications and services on top of Polkadot's blockspace ecosystem.

- Polkadot has attracted some major enterprises - large companies such as Vodafone and Deloitte, who announced their involvement in the Polkadot ecosystem at the Polkadot Decoded event. These companies are exploring the possibilities of using Polkadot for various use cases, such as digital identity, supply chain, and data privacy.

- Polkadot's cross-consensus communication format, XCM, has been upgraded to version 3, adding new features and improvements for Web3 interoperability. XCM allows Polkadot's parachains to exchange messages and assets with each other, as well as with other blockchains that support XCM.

- Mythical Games, the number one gaming blockchain and the fourth largest blockchain by monthly digital asset sales, is leaving Ethereum to launch its new Mythos ecosystem on Polkadot. Mythos will offer a platform for creating, playing, and trading player-owned games and NFTs on Polkadot. Well worth checking out their website if you're a NFL fan.

- The Polkadot Blockchain Academy, a month-long intensive academic program designed to train the next generation of top blockchain engineers, is coming to Berkeley, CA in Summer 2023. The academy will offer courses on Polkadot's core technologies, such as Substrate, XCM, and Ink!, as well as hands-on projects and mentorship from leading experts.

Polkadot is not just a crypto project, but a crypto revolution - there is so much interesting stuff going on utility-wise. I'm genuinely excited for it. Polkadot is paving the way for a more open, diverse, and collaborative Web3, where anyone can create and participate in the blockspace economy.

submitted by /u/ravecave86
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