Polkadot to debut parachain auctions after governance vote

Polkadot to debut parachain auctions after governance vote

The first series of auctions will begin on Nov 11 and run until Dec. 9 Polkadot (DOT) has laid out a schedule to debut parachain auctions on Nov. 11 following unanimous approval from the blockchain’s on-chain governance council members. The news marks a landmark achievement as it fulfills the final core technical element of the whitepaper published five years ago. Parachains are uniquely distinctive layer-1 blockchain platforms that operate laterally alongside the main Polkadot network, in addition to being tethered to the Polkadot Relay Chain. Their purposeful function can be witnessed....


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