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Layer by Layer Issue 18: Avalanche, Cosmos, Osmosis, Terra, Polkadot

January 27, 2022, 8:22AM EST • 18 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding Facing elevated user demand from ongoing growth and recent market volatility, L1 blockchains are continuing to confront the difficulties of scaling As new chains begin to emerge at an accelerated pace, deliberate strategies for concentrating liquidity are showing effectiveness …

Layer by Layer Issue 16: Governance Update

December 23, 2021, 9:18AM EST • 14 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding Some of the most significant changes to L1 blockchains this year have come from protocol upgrades enacted through on-chain governance This week, we check in with the latest governance decisions and proposals among L1 ecosystems, including Terra, Cosmos, Tezos, …

Parachains officially launch on Polkadot network

The long-in-the-making process of bringing multiple blockchains to the Polkadot network culminated this weekend with the official kick-off of five parachains. The five parachains that went live this weekend — Acala, Astar, Clover, Moonbeam, and Parallel Finance — were chosen following successful parachain auctions. All told, nearly 99 million DOT, worth approximately $2.4 billion, was garnered by the five projects during the auction period. Winning projects effectively lease their parachain slots, which last for 96 weeks. “The launch of parachains …

Mapping out the Polkadot ecosystem

November 29, 2021, 4:01PM EST Quick Take Polkadot is an open-source cloud computing platform that enables cross-chain transfers of data or assets, without being solely limited to token transfers The Substrate blockchain is used by developers to catalyze the building and launching of Polkadot compatible projects and dApps The actual workings of Polkadot function through the implementation of a Relay Chain, Parachains, Parathreads, and bridges The network contains a native DOT token which plays a substantial role in Polkadot’s governance …