Sunday, December 22, 2024

Polkadot tech powers Web3, from Indonesia government to gaming giants By Investing.com

Must Read


Investing.com – is playing a growing role in enabling developers to build decentralized apps (dApps) with ease, Shawn Tabrizi, Lead Developer at Polkadot, stated at Tech Forum Argentina.

Polkadot’s platform allows developers to bypass the hassle of setting up their own bridges and apps, Tabrizi said. Instead, they inherit these features directly from the infrastructure, functioning like a Web3 cloud server.

Polkadot provides native access to data availability systems at no extra cost, simplifying the development process. “It’s an all-in-one solution for building, just like you’d expect from a Web3 server,” he said.

Polkadot’s system is one of the most energy-efficient and resilient in the blockchain space, Tabrizi added. It can produce blocks in just 0.5 seconds and secure up to 150,000 transactions per second (TPS) across 100 cores, rivaling top vertical scaling solutions without sacrificing resilience.

Decentralization remains at the heart of Polkadot’s vision, and community participation continues to grow. Tabrizi shared that over 1,200 proposals have been made this year with a 32 million DOT turnout. Additionally, over 15,000 people completed free introductory courses, while hundreds of students at university level are learning to build Web3 systems through Polkadot’s programs.

Polkadot’s ecosystem also hosts projects like Hydration, a DeFi chain controlled by its DAO, and Mythical, a gaming chain that ranked among the top four in NFT sales after switching from to Polkadot. According to Tabrizi, the gaming company was attracted by Polkadot’s scalability and performance.

Perhaps one of Polkadot’s most interesting projects is its partnership with Mandala to bring Indonesia’s government functions on-chain. “Polkadot is the only infrastructure that can scale to Indonesia’s needs, both today and in the future,” Tabrizi stated, elaborating on this collaboration with the world’s fourth-largest population.

Tabrizi urged developers to get involved, noting that Polkadot offers open access to its tech and community, along with the best performance-to-price ratio for those ready to build in the Web3 space.





Source link

- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img
Latest News

A Woman With a Rare Gene Mutation Fights to Avoid Her Mother’s Fate

A mutant gene is coming to steal Linde Jacobs’s mind. Can she find a way to stop it? Source...
- Advertisement -spot_img

More Articles Like This

- Advertisement -spot_img