{"id":117316,"date":"2021-03-17T19:04:27","date_gmt":"2021-03-17T19:04:27","guid":{"rendered":"https:\/\/precoinnews.com\/?p=117316"},"modified":"2021-03-17T19:04:27","modified_gmt":"2021-03-17T19:04:27","slug":"polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/","title":{"rendered":"Polkadot (DOT) to Introduce Bridges to Connect Blockchain Networks in Its Ecosystem"},"content":{"rendered":"

RSS
\nFollow by Email
\nFacebook
\nTwitter
\nWhatsapp
\n<\/p>\n

The Polkadot (DOT) project sets to <\/b>integrate<\/b> bridges to connect blockchain networks within its ecosystem. Parity Technologies and Web3 foundation are the head developers of the project’s plans.\u00a0<\/b><\/p>\n

<\/span>Achieving Decentralization and Interoperability<\/b><\/span><\/h2>\n

According to the Polkadot team, the highly anticipated internet generation <\/span>Web 3.0<\/span> will drive the internet to adopt decentralized blockchain technology.\u00a0<\/span><\/p>\n

Polkadot will develop bridges to external networks, <\/span>enabling<\/span> cryptocurrency and blockchain die-hards to enjoy a fully decentralized network. The main focus for developing bridges, stated by the Polkadot team, is to enhance blockchain interoperability and diversity.\u00a0<\/span><\/p>\n

Coupled with the rollout of Web 3.0, Polkadot plans to <\/span>connect<\/span> blockchains from its network to external ones like Bitcoin and Ethereum. Despite the difference in governance and protocols, bridges will create a common interoperable rule to ensure tokens or information is transferred fast and securely.<\/span><\/p>\n

The Web3 Foundation has<\/span> created<\/span> several grant programs that have birthed massive bridges in the Polkadot ecosystem. <\/span><\/p>\n

The <\/span>programs<\/span> include Interlay and (PolkaBTC), ChainX (BTC to Substrate bridge), Snowfork (Ethereum and Polkadot), Darwinia, and Chainbridge (Non-fungible token transfers), Bifrost (EOS network bridge). The programs will improve decentralized technology internet services and connect blockchain networks since Polkadot’s modus operandi is to create a multi-chain world.\u00a0<\/span><\/p>\n

<\/span>Polkadot’s Proof-of-Authority Network<\/b><\/span><\/h2>\n

The Web3 Foundation launched the genesis block of Polkadot in mid-2020 as a Proof-of-Authority(PoA) mode. The PoA network enables blockchain users to acquire tokens from their own Ethereum contracts, stake them and determine whether they will become validators or nominators.\u00a0<\/span><\/p>\n

Validators can create their session<\/span> staking keys<\/span> and acquire Nominated Proof-of Stake rights. Late last year, the Web3 foundation <\/span>announced<\/span> that enough validators had accumulated to trigger Polkadot’s network transition to the Nominated PoS phase, which will enhance decentralization and increase the number of active validators.<\/span><\/p>\n

<\/span>Bridges and Substrate-based Chains<\/b><\/span><\/h2>\n

Polkadot plans to introduce bridge modules and contracts that will create parachains that will serve as adaptors to external blockchain networks. The modules will entail non-parachain blockchains that can either be integrated as an extension to the Polkadot technology software or a community-controlled parachain. The<\/span> bridge modules<\/span> will work as ‘virtual parachain networks’ that will tune the external blockchain’s operations to the Polkadot network’s benefits.<\/span><\/p>\n

According to Polkadot’s team, the substrate-chain building framework will enable developers to create blockchains with its security and consensus. Parity Technologies are developing an inter-connected bridge that will join several substrate-based chains together. The bridge will entail a two-way communication network between <\/span>independent<\/span> Substrate-based chains and a Polkadot parachain. Additionally, the bridge will facilitate users’ interactions within the Polkadot network with those within the Kusama network.<\/span><\/p>\n

<\/span>Related posts:<\/span><\/h3>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Polkadot (DOT) project sets to integrate<\/p>\n","protected":false},"author":3,"featured_media":117315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"yoast_head":"\nPolkadot (DOT) to Introduce Bridges to Connect Blockchain Networks in Its Ecosystem - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polkadot (DOT) to Introduce Bridges to Connect Blockchain Networks in Its Ecosystem - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"The Polkadot (DOT) project sets to integrate\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-17T19:04:27+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/03\/ccryptafotoMotion-20-upgrading-Polkadot-Runtime-to-v24-is-up-for-vote.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/\",\"url\":\"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/\",\"name\":\"Polkadot (DOT) to Introduce Bridges to Connect Blockchain Networks in Its Ecosystem - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2021-03-17T19:04:27+00:00\",\"dateModified\":\"2021-03-17T19:04:27+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Altcoins\",\"item\":\"https:\/\/precoinnews.com\/category\/altcoins\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Polkadot (DOT) to Introduce Bridges to Connect Blockchain Networks in Its Ecosystem\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Polkadot (DOT) to Introduce Bridges to Connect Blockchain Networks in Its Ecosystem - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/","og_locale":"en_US","og_type":"article","og_title":"Polkadot (DOT) to Introduce Bridges to Connect Blockchain Networks in Its Ecosystem - Pre Coin News","og_description":"The Polkadot (DOT) project sets to integrate","og_url":"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/","og_site_name":"Pre Coin News","article_published_time":"2021-03-17T19:04:27+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/03\/ccryptafotoMotion-20-upgrading-Polkadot-Runtime-to-v24-is-up-for-vote.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/","url":"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/","name":"Polkadot (DOT) to Introduce Bridges to Connect Blockchain Networks in Its Ecosystem - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2021-03-17T19:04:27+00:00","dateModified":"2021-03-17T19:04:27+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/altcoins\/polkadot-dot-to-introduce-bridges-to-connect-blockchain-networks-in-its-ecosystem\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"Altcoins","item":"https:\/\/precoinnews.com\/category\/altcoins\/"},{"@type":"ListItem","position":3,"name":"Polkadot (DOT) to Introduce Bridges to Connect Blockchain Networks in Its Ecosystem"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/117316"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=117316"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/117316\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/117315"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=117316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=117316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=117316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}