Forthcoming Parachains Represent the Last Piece Needed to Complete the Polkadot

[Goldlife]

As the Polkadot project enters the final phase of a strategic rollout that’s been orchestrated over the last year, prominent stakeholders Moonbeam, Acala and Centrifuge shed a light on the future of the ecosystem and how the blockchain’s infrastructure will deliver its advantages for users.

Soon To Be Parachain Projects Underline Their Perspectives On Polkadot
Ahead of a formal launch of the parachain functionality on the Polkadot network protocol, Zero-Knowledge Podcast host Anna Rose joined several key crypto stakeholders to discuss how this progress will transform the blockchain landscape for developers and users alike. The conversation centered primarily on how three budding projects plan to use these advances and the promise the future holds.

Bringing Parachains To Life
Parachains play a fundamental role in unlocking the complete functionality of the Polkadot network. As the final stage of the overall rollout proceeds, many commentators seek to compare the network with other noteworthy developments. For Fabian Gompf, who serves as Vice President at Parity Technologies, these comparisons miss the mark.

According to Gompf,

Eth2 just launched, those are the shards, that’s the capabilities, please deploy on top of them. Polkadot is a little bit more: here’s this meta infrastructure, you can actually now start deploying these shards and there’s an economic gain on how they’re allocated.

He continues by underlining,

Ultimately Polkadot is also a sharded blockchain protocol. But with the key difference compared to Ethereum 2 that, instead of each shard being an issue of execution environment and each shard looking exactly the same, these shards can look vastly different.

Unlike Ethereum’s use of shards for exclusively the same purposes, Polkadot’s shards grant more technical and economic freedoms, enabling each shard to host a unique project. Parachains will effectively materialize this ambition.

Parachains are like flipping the switch from this skeleton thing to an actual open developer platform…then we can actually use all of the tools that we’ve been building over the last year or two to deploy stuff.

More info: https://news.bitcoin.com/forthcoming-parachains-represent-the-last-piece-needed-to-complete-the-polkadot-puzzle/