4. Polkadot structured
The Polkadot network contains a main blockchain
called the “relay chain” and numerous user-created
similar chains (or “parachains”). It also has a
connecting coating , or “bridge,”
5.
6. Polkadot works?
Parachains do a lot of the weighty lifting for the main
relay chain. As a consequence, the Polkadot network
can process more than 1,000 transactions per second,
compared to approximately 7 for Bitcoin and 30 for
Ethereum.
7.
8. Who created Polkadot?
Polkadot’s developers have Ethereum co-creator Gavin
Wood. It established on May 26, 2020. The nonprofit
Web3 Foundation is the direct research institution that
sustains Polkadot’s open-source code.
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