Polkadot co-founder Gavin Wood steps down as CEO of Parity
Wood will remain the company’s majority shareholder and take on the title of chief architect, where his focus will shift to developing and promoting the mass adoption of Web3 technology. Gavin Wood, the co-founder of Polkadot, is stepping down as the CEO of blockchain infrastructure company Parity Technologies. Parity is the development company behind the Polkadot ecosystem. In a statement released on Oct 21, Wood shared that he never desired the CEO role. Although he could act as one for an interim period, it was not a position where he saw himself finding “eternal happiness.” Wood....
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A new project called “Melon”, created by Parity (Ethcore) founder Dr. Gavin Wood and Melonport AG, will enable decentralized asset management for multiple blockchains. The project announced November 14 will be the first multi-chain capable software. Polkadot and Melon: Multi-Chain Network, Asset Management. Melon will enable a decentralized environment....
In a recent Realvision interview, the developer Gavin Wood explains how Polkadot reimagines the innovation ecosystem from the ground up. Wood also discusses how the Polkadot protocol is both similar but also different than Ethereum, the second-largest crypto asset by market valuation. Polkadot: A Bet Against Maximalism Innovation involves the pioneering and actualization of a creative new way of doing something. For famed blockchain programmer Gavin Wood, Polkadot is the platform that unlocks the potential of swifter blockchain innovation. By building a platform of platforms, or 0-layer....
Gavin Wood, founder of Ethcore, recently renamed to Parity Technologies Ltd, has published a paper presenting Polkadot, a new network that aims to provide interoperability between private and public blockchains. The concept is somewhat similar to sidechains, but sidechains “are pretty much limited to token transfers for now,” says Peter Czaban from Ethcore. On the other hand, “Polkadot handles canonicaliztion of the parachains and enables rich communication” – he added. Moreover, according to the paper, each sidechain requires its own security while Polkadot aims to provide “pooled....
WALCHWIL, Switzerland — Melonport AG, a blockchain software provider, has announced a partnership with Parity by Ethcore. Together, the two firms will launch “Melon,” a decentralized application on the new “Polkadot” multi-chain network. Melonport AG Partnership With Parity Aimed at Providing Blockchain-Based Asset Management. According to a press release, melon will be designed for asset managers, and will be the first application on the Polkadot network. Parity founder Dr. Gavin Wood released a white paper explaining Polkadot on November 14, 2016. According to the paper, the network will....
Gavin Wood said that he seeks to transform the Polkadot blockchain into a full technocracy. Live from Polkadot Decoded in Buenos Aires on Wednesday, Polkadot (DOT) and Kusama founder Gavin Wood announced that the blockchain's governance model would undergo a new transformation. Dubbed Gov2, anyone would be able to start a referendum at any time for as many times as they wish in the new setup, similar to initiating new transactions on the blockchain.Thereafter, pending referenda need 50% of the vote from stakeholders within 28 days' time for approval or face rejection by default.....