State of Polkadot Q4 2023
Polkadot (DOT) is a distributed blockchain computing platform that acts as a base layer for other sovereign blockchains, called parachains, for validation and shared security. Polkadot was built using Substrate, a blockchain developmental framework. Furthermore, Polkadot’s base layer is known as the Relay Chain, which utilizes a Nominated Proof-of-Stake (NPoS) consensus mechanism, and its state machine is compiled to WebAssembly (Wasm).
Polkadot 2023 Roundup
As the (northern hemisphere) nights have drawn in and soma.fm’s Christmas Lounge finds its rightful place on my household radio, we once again find ourselves at the time of the year where I write my annual diary entry on behalf of Polkadot. With Covid now largely consigned to the collective memory of a generation, we see a global return to normalcy and resurgence of (in-person) events with it. Conflict and AI present some of the most prominent themes of the news cycle this year with some of the more inquisitive wondering how, along with blockchain, the world might be changed with them. This year it is also a special anniversary for me; as I write this, exactly 10 years ago I wrote the first lines of crypto-economic code in my life. So, what did 2023 bring?
