How to build your first blockchain on Substrate?

When Ethereum was launched in July 2015, the world was introduced to the concept of smart contracts that hoped to revolutionize the blockchain space and allowed anyone from developers to enthusiasts to deploy decentralized applications (DApps) on the Ethereum mainnet.  With various DApps currently in use across different blockchains like Ethereum, they offer many use […]

Polkadot (DOT) price rallies 100% and derivatives data points to more upside

Polkadot (DOT) is a blockchain project designed to interconnect sub-chains called parallel chains or parachains. Each application-specific chain built within Polkadot uses the Substrate modular framework, and this is meant to ease the development process. The project has been at the center of developers’ and investors’ attention for most of 2021, but the sharp market-wide […]

Polkadot moves towards sharding as Acala Network secures first Rococo parachain slot

The Polkadot ecosystem continues to progress, with DeFi platform Acala Network becoming the first to win a parachain slot on the Rococo testnet. Acala, the self-described decentralized finance hub for Polkadot, announced it had secured the slot on March 26. Acala has won the first parachain slot auction on @Polkadot testnet Rococo, and now Acala […]

Compound to offer cross-chain borrowing via Gateway

Decentralized finance lending protocol Compound has unveiled a new blockchain that will enable cross-chain collateral. It is the latest move to mitigate expensive operations on the Ethereum network and enable more interoperability in the DeFi ecosystem. The new Gateway chain, announced on Mar. 2, has been described as a cross-chain interest rate market that allows […]