Polkadot, the parallel chain protocol

Quick Take

  • Polkadot is a protocol invented by Gavin Wood, the co-founder of Ethereum and Parity Technologies
  • On Oct. 27, 2017, Polkadot’s token pre-sale, raised 485,331 ETH (~$145 million) to build out its parallel blockchain concept
  • On Polkadot, parachains share the security of a base chain called the inter-chain
A historical overview of Polkadot Polkadot has a rich history going all the way back to the founding of Ethereum. In 2013, Polkadot’s founder Gavin Wood was working for 0xlegal, a legal software provider, as its Director of Technology. Wood has been following Bitcoin for a couple of years and came across a story about Ami […]

Become a Member of The Block Research to Unlock this Article

If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Join The Block Research Already a Research Member? Sign In

Related Reading