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Polkadot is building the internet of the future


 

Polkadot (DOT) wants to play a key role in Web 3.0 development. The parachain model is intended to create the infrastructure for the Internet of the future and herald a new age of self-determination in cyberspace.



Polkadot is an amalgamation of application-specific blockchains, also known as parachains.

The centerpiece is the relay chain, through which up to 100 parachains can be linked together.

With this model, the project managed by the Web 3 Foundation ensures smooth and highly scalable data transfer.

This is intended to lay the foundation for an interoperable blockchain ecosystem – also known as the “Internet of Blockchains”.

The first six parachains are currently connected.

The limited slots are regularly auctioned.

We have summarized for you here how you can participate in parachain auctions via crowdsales .

Validators in the Proof-of-Stake-based Polkadot ecosystem include Deutsche Telekom's T-Systems.

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