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Learning & News => News related to Crypto => Topic started by: Riya143 on July 21, 2020, 06:03:30 PM

Title: Polkadot Officially in Mainnet as Governance Removes Admin Rights
Post by: Riya143 on July 21, 2020, 06:03:30 PM
Polkadot is now officially in mainnet mode as the last centralizing shackle has been thrown off by the network.
The Polkadot blockchain is now fully decentralized and permissionless after a decision passed by community governance removed the admin rights enjoyed by the Web3 Foundation.

Gavin Wood, the co-founder of Polkadot developer Parity Technologies, tweeted the unshackling as it happened. The governance proposal to remove special admin privileges was enacted around 8 AM UTC on July 21, which signaled the true launch of Polkadot.
Read More: https://cointelegraph.com/news/polkadot-officially-in-mainnet-as-governance-removes-admin-rights