@Polkadot is a platform on which blockchain networks are built and connected into one unified network. These connected chains, called parachains, form a living organism of networks all in sync and secure. This forms the foundation on which Web3 will be built.
Polkadot is complicated as hell! This 24-tweet thread is a beginner's guide to @Polkadot $DOT and @KusamaNetwork $KSM in simple English.
What is Polkadot? Kusama? Parachains? Crowdloan and Parachain slot auction?
Comment with other questions and share if you learn something ⤵️
@Polkadot is a platform on which blockchain networks are built and connected into one unified network. These connected chains, called parachains, form a living organism of networks all in sync and secure. This forms the foundation on which Web3 will be built.
Think of it as drag-and-drop blockchain consensus, or even easier, like Music EQ with dials up & down on certain features.
Dev teams use @Polkadot's Substrate framework to build custom chains for a specific use/vertical, such as @AcalaNetwork for DeFi, @PhalaNetwork for Privacy, @chainlink for Oracles, or @hydra_dx for liquidity.
Legacy networks like #Ethereum are called "layer 1" chains. These are single blockchains, operating in isolation. Parachains are also layer 1 chains. Polkadot is one level below, a "layer zero" multi-chain growing to 100+ networks.
@Polkadot will be bridged to existing networks like @ethereum and #bitcoin via bridges built by teams like @InterlayHQ (BTC), @snowfork_inc (ETH), @ChainSafeth & @centrifuge (ETH), @chainx_org (BTC), and more.
Kusama is essentially the exact same code/archtr as Polkadot, but its on-chain governance moves 4x faster (7 days) and there are lower barriers to entry for teams to get a slot on the network (more on this below).
The model is Testnet->Kusama mainnet->Polkadot mainnet.
This ensures code is as flawless as possible before going to @Polkadot
For the sim/difs between @Polkadot and Kusama, check out this post: https://t.co/3aYG3jWTgo
Teams like Acala are launching @AcalaNetwork on Polkadot and @KaruraNetwork on Kusama. @purestakeco is similarly launching Moonbeam (DOT) & Moonriver (KSM).
@Polkadot has 100+ parachain "slots" (see below) which must be 'leased' for access to Polkadot's security and ability to communicate with other chains.
In fact, no team is "built on Polkadot" until they win an auction!
Candle auction: https://t.co/6ZI6hwNux1
This will enable an meta-infrastructure running myriad blockchains and applications on those chains, all in sync and sharing security.
Just like the databases/protocols powering the apps we use every day, end users and consumers shouldn't even know Polkadot and Kusama are there: Web3 apps that operate as good or better than their Web2 counterpart.
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So we had to develop technologies like this to barely manage control over limited areas in Iraq's few urban centers. Only ~8 in 100 Iraqi adults owns a personal vehicle. That rate is > 1 car/adult in America yet I have never seen any doctrine paper or work of fiction address this
We've seen and struggled in civil conflicts with instant, local, universal, distributed communications (cell phone era, basically every conflict since 2000). We've seen and struggled in conflicts with instant, global, universal distributed communications (everything since 2011).
The world's most overfunded military and glow in the dark agencies struggle and largely fail to contain conflicts where fhe vast, vast majority of people are locked into a ~5mi radius of their home.
How can they possibly contain a conflict in a nation with universal car ownership and the most developed road network in the world? The average car can travel over 400 miles on one tank of gas, how can you contain the potential of that kind of mobility?
I think that's partially why the system was so freaked out by 1/6. Yes, most of it is histrionics but you don't decide to indefinitely turn your capital into the Baghdad Green Zone with fortifications and 25k troops over histrionics alone.
Hey guys, just a friendly reminder. We're watching you. pic.twitter.com/bGwi1uJBwT
— CIA Metadata Analyst with 8 kids (@CiaKids) September 23, 2019
We've seen and struggled in civil conflicts with instant, local, universal, distributed communications (cell phone era, basically every conflict since 2000). We've seen and struggled in conflicts with instant, global, universal distributed communications (everything since 2011).
The world's most overfunded military and glow in the dark agencies struggle and largely fail to contain conflicts where fhe vast, vast majority of people are locked into a ~5mi radius of their home.
How can they possibly contain a conflict in a nation with universal car ownership and the most developed road network in the world? The average car can travel over 400 miles on one tank of gas, how can you contain the potential of that kind of mobility?
I think that's partially why the system was so freaked out by 1/6. Yes, most of it is histrionics but you don't decide to indefinitely turn your capital into the Baghdad Green Zone with fortifications and 25k troops over histrionics alone.
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A thread 🧵
1) Learn Anything - Search tools for knowledge discovery that helps you understand any topic through the most efficient
2) Grad Speeches - Discover the best commencement speeches.
This website is made by me
3) What does the Internet Think - Find out what the internet thinks about anything
4) https://t.co/vuhT6jVItx - Send notes that will self-destruct after being read.
