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Given its use of parallel processing power, Polkadot can offer improved scalability solutions to its projects and create the most optimal conditions for them to achieve future growth and adoption. The Relay Chain is composed of a relatively small number of transaction types and possesses a deliberately minimal layer of functionality, for instance smart contracts are not supported on it. Any specific work is delegated to parachains, which have differing implementations and features. Polkadot was designed to be a Layer-0 multi-chain network, meaning that its Central Relay Chain can provide Layer-0 security and scalability for up to Layer-1 blockchains connected as parachains.

This is quite the groundbreaker as it enables a plethora of blockchain infrastructures to build and develop within its ecosystem, while furnishing Polkadot with a value-rich, dynamic and ultimately interoperable network. Indeed, it is primarily thanks to this multi-chain hybridity that Polkadot is able to utterly reshape the DeFi landscape and cultivate an entirely new set of value propositions through its parachain-based, built-in layer of interoperability. Parachains are the diverse individual Layer-1 blockchains that run in parallel within the Polkadot ecosystem, on both the Polkadot and Kusama Networks. Connected to and secured by the Central Relay Chain, parachains share and benefit from the security, interoperability, scalability and governance of Polkadot.

Structurally speaking, parachains are maintained by a network maintainer known as a collator. The collator is in charge of collecting parachain transactions from users and producing state transition proofs for Relay Chain validators. Essentially, collators maintain parachains by aggregating parachain transactions into parachain block candidates and producing state transition proofs for validators based on those blocks.

Thanks to the inherent interoperability that Polkadot provides them with, parachains can also connect to external networks such as Bitcoin and Ethereum using cross-network bridges. Furthermore, because of their intrinsic versatility, parachains can be custom built to serve any particular use case, including:. These parachain-native, malleable features indeed allow Polkadot to build a truly dynamic digital asset infrastructure and provide the scalability, security and interoperability needed to really turn the promise of blockchain into the next generation of the Internet, Web 3.

Smart contracts are small pieces of software that run on dedicated blockchains such as Ethereum, Elrond , Solana , Tezos and Cardano , among many others. As they all run on the same blockchain and compete for its computing resources, this can lead to congestion, long execution times and unpredictable running costs. In fact, this is considered to be one of the major inhibitions limiting blockchain infrastructures from achieving real-world adoption, and this is because they are simply not efficient enough and present too many complications to be fully-deployed. On the other hand, parachains are individual and independent blockchains designed for a single purpose and that provide their users with a huge selection of utilities and different use cases.

Furthermore, these individual parachains are capable of communicating with each other, building a high-performing network of blockchains rather than a single blockchain trying to solve all the issues on one virtual computer. In doing so, Polkadot-based parachains strive to ultimately diminish the constraints imposed by chain maximalism and reduce the risks of Balkanisation. Thus, just as the internet now caters to different users and their specific needs, blockchains also need to be able to provide a variety of services, with one network perhaps being gaming-specific, another for finance, one for data storage, other networks for NFTs and internet of things applications, among the many other possible utilities.

Therefore, because of this future interoperable vision, Polkadot does not place any specific requirement on the design of its parachains, other than the fact that they must be able to prove to Polkadot validators that every block of the parachain follows the agreed-upon protocol. This allows parachains to enjoy quite a substantial amount of infrastructural leeway and this flexibility means that every single parachain can possess its very own design, governance process and token, optimised for its particular use case. This relative architectural freedom also allows parachains to be run as private or public networks, as enterprises or communities, as platforms for developers and other projects to build applications on top of, as DeFi service providers or as ultimate cross-chain bridge protocols.

Through its parachain model, Polkadot allows projects to achieve scalability at Layer-1 rather than having to rely on Layer-2 solutions altogether. This is in fact quite the advancement as it allows for the creation of a majorly decentralised, more efficient methodology of implementing blockchain scalability. This is primarily because parachains, as Polkadot-based Layer-1 blockchains, can process transactions in parallel and spread out the workload consistently across their entire ecosystem, increasing transactional throughput and scalability as a whole.

Parachains allow blockchain communities to have full control and sovereignty over their own Layer-1 blockchain while also benefitting from the possibility of engaging in free trade with other parachains and external networks. This essentially puts an end to the siloed nature of the blockchain space and opens up new opportunities for applications to interoperate and intercommunicate with one another, ultimately reducing the limitations of chain maximalism as well as Balkanisation risks.

Let us now discuss the mechanism used by parachains to communicate with one another and process cross-chain transactions, effectively overcoming the boundaries between their separate architectures. As previously mentioned, parachains take their name from the concept of parallelised chains that run parallel to the central Relay Chain within the Polkadot ecosystem, on both the Polkadot and Kusama Networks.

Due to their parallel nature, parachains are also able to parallelise transaction processing and deliver new levels of scalability to both Polkadot and Polkadot-based projects. They are fully connected to the Relay Chain and enjoy the security provided by the Polkadot framework. Como comprar. Assista ao vídeo. Disponível instantaneamente. Ofertas compras dentro de aplicativos. Idiomas que Recebem Suporte: Inglês. Entre em contato com o desenvolvedor.

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