Polkadot
@polkadot-network
Resilience. Decentralization. Scalability. This is the blockchain trilema and the reason Dr. Gavin Wood left Ethereum to create Polkadot. A recap ā¬ļø
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Polkadot
@polkadot-network
Gavin forms Parity Technologies & builds Polkadot. ā In 2015, Gavin stepped down from his role as CTO at EF to become CEO of Parity Technologies (prev Ethcore) and lead the development of Polkadot. ā Then, in October 2016, Gavin published the Polkadot Whitepaper, outlining his vision for a heterogeneous multi-chain framework. ā In 2017, he Co-Founded the Web3 Foundation with Peter Czaban to support project development. ā Together, Gavin, Peter, and Robert Habermeier officially founded Polkadot Network. ā Later in 2017, Polkadot raised over $144.3 million in its ICO and an additional $43 million through a private token sale in 2019.
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Polkadot
@polkadot-network
ā In 2018, Gavin created Substrate, a modular framework for creating DIY blockchains. It was designed to give devs the ability to customize their chain while also reaping the advantages of shared security/composability. ā Polkadot mainnet launched under a proof-of-authority consensus model in 2020 and transitioned to Nominated Proof-of-Stake (NPoS) consensus months later. ā The first L1 parachain went live on Polkadot in December, 2021. Gavin building in '21.
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Polkadot
@polkadot-network
pt. 4 comes next week šæ
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