When was Polkadot issued?

Polkadot (DOT) was issued on August 14, 2020. Polkadot was born in 2016 to solve the scalability, interoperability and security issues of blockchain. Its core technology includes parachains and relay chains. Since the sale of Crowdloan in 2017, it has experienced milestones such as the launch of the Kusama Canary Network and the release of the parachain framework, and has now become a mature blockchain with multiple active parachains and numerous projects. platform.

Polka coin release time

Polka coin (DOT) Released on August 14, 2020.

Polkadot was launched by the Web3 Foundation in 2016 to solve the scalability, interoperability and security issues facing the blockchain field.

The core technology of Polkadot is parachain and relay chain:

• Parallel chain: An independent blockchain that can run in parallel and can process specific Provide scalability across use cases or applications.
• Relay chain: Acts as the coordinator between parallel chains, responsible for consensus, security and cross-chain communication.

Development History

• 2017: Web3 Foundation Crowdloan sale, raising $145 million.
• 2019: Launch of Kusama, Polkadot’s experimental canary network.
• 2020: Polkadot mainnet is launched and DOT is issued.
• 2021: The parachain framework is released, and the first batch of parachains are launched.
• 2022: Introducing adaptive consensus algorithms BABE and GRANDPA to improve scalability and throughput.
• 2023: The cross-chain messaging protocol XCMP V3 is introduced to enhance cross-parallel chain communication capabilities.

Current status

Polkadot has developed into a mature blockchain platform with dozens of active parachains and hundreds of projects under development Construct. It has become a leader in cross-chain interoperability, scalability, and security.

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