Dr Gavin Wood
- Wrote Ethereum yellowpaper in 2014
- Wrote Polkadot whitepaper in 2016
- Now released JAM graypaper in 2024
The foundation of future Polkadot 2.0 ⭕️
It will combine the strength of Polkadot & Ethereum
A Mega Thread on the future of Polkadot 🧵
[1/19]
⬇️
I'm building on
@gear_techs
with
@EasyA_App
on my
#60DaysOfPolkadot
!
Currently learning about...
💻 avaible both for smart-contracts & onchain programs🛠️
⚖️how to join Polkadot with ur product without the need of an auction!⏰
🚀 how xtreme fast dApps can be runed on🛸
Polkadot 2.0 starts in about 2 months⭕️
Right in time with Bitcoin halving!
❌ Parachain auctions with 2y DOT lock
✅ Blockspace sold in a flexible way with the revenue being burned🔥
If You are mad at Polkadot for 2021 & that it’s too inflationary, check what will change🧵
⬇️
In 2024 Polkadot will go from Parachain Auction to Coretime Lease⭕️
Let's got through the changes🧵
In the previous model, Parachains were allocated through a competitive bidding process
The Projects fought for limited slots on the Polkadot Network by an auction, locking DOT…
Is Polkadot dead⁉️
Mainnet launch of top 15 Bit & Alt’s👇
Bitcoin - Jan 2009
Ethereum - Jul 2015
XRP - Jun 2012
Solana - Mar 2020
Cardano - Sep 2017
Dogecoin - Dec 2013
Tron - Aug 2018
Toncoin - Aug 2021
Link - May 2019
Avalanche - Sep 2020
Polygon - Oct 2017
Polkadot - Sep…
Polkadot in 2024 ⭕️
- Selling Blockspace as a Commodity by utilizing multiple Cores on Polkadot 2.0 Blockspace as a Service
- Revenue from Core rental will be probably burned, the decision will be made on OpenGov by the whole Community 🔥
- Parachain Hub (50 already, soon new…
I’m leaving the Polkadot Ecosystem 🥲
Here are the 10 reasons why👇
1️⃣ Their upgrades are still forkless & the rest of crypto already have fork ones
2️⃣ Nakamoto Coefficient 94 shows it’s the most secure major Altcoin. But it hasn’t beat Bitcoin yet
3️⃣ It has the second…
Future Aidrops in the Polkadot Ecosystem 🪂⭕️
1️⃣
@pinkonomic
- $PINK
First Meme Coin announced in the Polkadot Ecosystem
Total supply: 2.3Billion, 50% for Airdrops
People are eligible by playing different Games in the Pink Universe
2️⃣
@dotisded
- $ded
Another popular Meme…
CoreJam & Polkadot 2.0 for a 5 year old
Polkadot 1.0👇
- unused blockspace in Parachains
- lack of smart contracts
- higher entry for small & medium projects & Web2 dudes
It turned out that Agile Coretime, the thing where we go👇
- App centric, not chain centric
- Be a…
„Polkadot is dead” „Polkadot has no use-cases”
So…
Polkadot Use Cases! ⭕️
Let’s grab some important ones in one place - save & send to Dot disbelievers! 🧵
Tell me what i forgot that happened recently👀
⬇️⬇️
What’s currently secured by Polkadot’s Relay Chain or soon will? 🛡️⭕️
▪️51 Parachains, 600+ Projects in total ➖Already utilizing 90+ Cores looking at future Polkadot Coretime
▪️Polkadot 2.0 Blockspace As A Service Marketplace in Q2 2024 🔥
▪️Indonesia Government to issue…
Polkadot 2.0 SuperComputer
◾️BaaS (Blockchain as a Service)
◾️DOT payed for Coretime
◾️Buy Blockspace as needed
▪️Bulk (monthly sales for longer periods of time)
▪️Demand (for space, instantaneous)
◾️Space, not chains
◾️Apps, not chains
Update on Coretime Work!🧵
⬇️⬇️
First Substrate/Polkadot-Based CBDC in Collab with the Central Bank of Solomon Islands by
@sora_xor
SORA Network to power CBDCs & empower financial inclusion & economic Development by supporting seamless Global financial transactions between Individuals & financial Institutions
I’m launching on XRP Ledger with
@EasyA_App
x
@RippleXDev
!
Learning how...
✅ XRP Ledger is now EVM-compatible
🔥 I can launch any EVM dApp on it in mins
🤝 I can tap into XRP’s huge liquidity and user base
🏦 I can connect EVM with institutional finance
#60DaysOfXRPL
Welcome Sir Near, Mandala, Cosmos, Avail & Polygon
Rise⚔️
Substrate is the primary Blockchain SDK used by Devs to create Parachains that make up the Polkadot Network
It allows for the development of self-sovereign blockchains that operate completely independently of Polkadot
Is Polkadot Collabing with Top 50 biggest Firms in the World? ⭕️
Let’s find out👀🧵
Working with the Fat Cats is a sign of a Technology-Driven, Practical Ecosystem with a Huge Know-How
Decide if You want a meme coin on 2025 or a Real Deal!😎
⬇️⬇️
Polkadot proves itself as a Leader like Tesla ⭕️
In 2014
@elonmusk
shocked the World & released all Tesla patents to boost the Electric Vehicle Industry🏎️🌏
It wasn’t an Altruistic but a Strategic play🎯
1️⃣ Boosting EV Development🔋
2️⃣ Encouraging Industry Collabs🤝
3️⃣…
10 future Polkadot Parachains⭕️
With 50+ already Secured by Polkadot, the queue is growing!
Blockspace as a Service will blow up Q2 2024 & Projects won’t have to fight in an Auction, but will join rapidly to the Ecosystem
Let’s check some promising ones🧵
[1/12]
⬇️
21.10.2022
Dr Gavin steps from CEO Parity to focus on Building🔨. Haters laughed, true Believers knew. Sunday Gavin for the Win! 🌞Polkadot 2.0 Coretime close⭕️
„Anyone who has worked with me knows where my heart lies. I’m a thinker, coder, designer and architect. Like many…
Polkadot 1.0 & Polkadot 2.0 (Q2 2024) Comparition
👀
How did
@gavofyork
's Polkadot Whitepaper 2016 stand the test of time? Some awesome Quotes coming! 📜
Cooperation: "While Ethereum 2.0 & Polkadot share some fleeting similarities we believe their end goal is substantially…
Polkadot & Kusama upcoming News 📆
As all in Building & Testing, timeline might be slightly different 🔨
➖➖➖➖➖➖➖➖➖➖➖➖➖
⭕️ Oct 24 2023
▪️First big Parachain Auction DOT Unlocks 🔓
▪️ 113Mil DOT returned to Backers
➖➖➖➖➖➖➖➖➖➖➖➖➖
⭕️ Oct 2023
▪️…
The Polkadot Coreplay Model is an Actor Environment hosted direcly on the Polkadot UC ⭕️
Dr Gavin Wood made a Concept of Actors in a Theatre to better understand the Case. 🎎
This is a Cut of his Work ⛏️
Let’s refresh our Memories🧠
◼️ParaTasks = Old Parachains…
Check out new SEC vs Kraken claim
DOT safe again ⭕️
1️⃣Cause it’s a Protocol not a Company
2️⃣Cause it’s a Software not a Security
3️⃣Cause it doesn’t have a CEO shilling the Token on Conferences
4️⃣Cause it has OpenGov with all DOT Holders voting - If You are not happy with…
We did it Pinksters! 🎀
➡️ $PINK , is now listed on
@CoinMarketCap
$PINK is the first meme coin on Polkadot, also available on Base to bring our pinkness cross-chain.
Now the party can really start! Let's make some noise, comment, like and RT! 🎉
Show us your best meme!
Found something 👀
got Polkadot Touch Bracket Contracts certified
„Cryptocurrency Commodity Product”
Strike Options are a CFTC-regulated Crypto derivatives Product
Available from 4 Dec
Burning the Coretime Revenue on Polkadot ⭕️
▪️Blockspace on Polkadot 2.0 is to be sold as a Commodity
▪️A year passed since Web3F declared Polkadot Morphed from the Security status to Software
➖➖➖➖➖➖➖➖➖➖➖➖➖
Still no No-Action Letter from the SEC. Extremely hard to…
My stack in 2023:
Polkadot
Astar Network
My stack in 2024:
Polkadot
Astar Network
Kusama
Energy Web Chain
Kilt
Origin Trail
Pink
Ded (selling for Pink)
Love it here ⭕️
Polkadot 2.0 Blockspace as a Service⭕️
In Q2 2024 a fundamental shift from⤵️
❌old Parachain Auction System
✅new Coretime Lease System
Blockspace to be sold as a Commodity
A thread on how Polkadot will win in the longrun by becoming a Blockspace Marketplace 🧵
⬇️⬇️
Ethereum lost Mythical Games, Nr 1 Gaming Blockchain
Mythical SuperChain upcoming to Polkadot with NFL Rivals 🏈⭕️
& 🔜 with new premiers:
▪️Nitro Nation
▪️Epic Spell Wars - Magic Fight
Mythical Games wants to bridge the gap between Web2 & Web3 Gaming
Why the transition…
The coretime sales have started on
#Rococo
. Bulk
#coretime
on Rococo is configured to give you one week of blockspace for your parachain. Next week we will probably open a slot to buy and move some long running leases to use bulk coretime.
#Polkadot
„Dr Gavin Wood having a conversation with the Relay Chain, next to the new JAM Toaster Supercomputer”
Lisbon 2024, colorized
With 12276 Cores & 16TB RAM, this Supercomputer will help with👇
Testing, Observation, Analysis, Scaled-Trials, Experimentation & Research
On the new…
Polkadot to become a Data Availability Hub for L2’s ⭕️
Last two weeks it was loud about Sugondat, offering Ultra-Scalable Data Availability
More DA needed -> more Polkadot Cores used
Hyped about this & know it will rock Cores, cause it’s done by
@rphmeier
& his awesome Team 🥇…
What is this CoreJam on Polkadot 2.0?
What is this JAM Chain?
„Decentralised, permissionless state-machine based on a multistage Collect-Refine-Join-Accumulate Model”
C - R - J - A - M
CoreJam
It’s a model. A brilliant one, that most of us can’t even visualize it
It’s a…
ASTR will first be paired with PDEX.
As more channels are opened between Polkadex & other Parachains, ASTR could gradually be paired with other DotSama assets ➡️ creating efficient & liquid Trading Pairs
🔜non-custodial trading of ASTR & other DotSama assets free, easy & fast
Sony Network & Astar Network (Startale Labs) update on Sony Blockchain 💿🎥🕹️🎮
🎯Sony creates new Web3 Business Office to help enter Web3 full scale!
Interesting interview with Ryohei Suzuki, who is the Director of the Web3 Business Office at Sony Network Communications.…
Agile Coretime is about to launch on Kusama as part of Kusama 2.0!
The production costs are lower than on Polkadot, so it’s a perfect solution for dApps, Startups & Projects to test & launch their product on Kusama
It has its own Ecosystem with a 442M $ marketcap (less then 10M…
Revenue from Coretime sales in Polkadot 2.0 will be burned🔥
Welcome a new deflationary effect on the DOT token⭕️
The more things Secured by Polkadot
👇
The bigger burn🔥
Astar Network & Sony update 💫💿
Sota Watanabe was interview by News1 Main TV Host in Korea
1️⃣Startale Labs & Sony Whitepaper to be released in January
2️⃣Info on will it be L1 or L2
3️⃣Info on will a „Sony Token” be created
4️⃣Sota said Astar will further strengthen its…
The future of Web3 is MultiChain
@ElectricCapital
just released the 5th annual Developer Report
Polkadot holds 🥈place in Devs, just after Ethereum
Why is 2024 Bullish for Polkadot?
Cause it builded through the bear market & all the Products worked on for 2 years will be…
Dr
@gavofyork
said that the phrase Polkadot 2.0 ⭕️
Should be defined by the OpenGov Community
We could start brainstorming 🧠 so we have an RFC done before Q2
What should be there👇
- Polkadot is a Software (computer code)
- A decentralized Protocol
- Opengov Governance for all…
Polkadot (DOT) is not just a cryptocurrency; it's a vision for a more interconnected and efficient digital future.
Join us on an exploration of its technology, use cases, achievements, and more.
At the WebX Conference Sota Watanabe announced⤵️
⭕️Important preparatory for the next bull market:
▪️Stronger cooperation with Companies, Financial Institutions & Governments
▪️Launch of multiple Projects
The Main goal will be launching 🔜 Startale Service Cloud! ⭕️
The Cloud…
Yesterday Arbitrum stopped producing blocks for 90 minutes & increased the gas fees on the Ethereum main network 👀
It’s mostly used for DApps, Smart Contracts & is designed to lower the costs & speed up transactions on Ethereum
Arbitrum exhibits potential Use cases👇
- Supply…
Update on
@lastic_xyz
UI 🔥
Polkadot Coretime is going to have an Awesome Marketplace ⭕️
Looked at the Code & Documents already written so far & it's awesome (Still Building everyday ⛏️)
Great job for
@ph_lux
but specially for
@poppyseedDev
▪️It already has the functionality…
Hot from
@token2049
🚨
The JAM graypaper live👇
For all Polkadot freaks and not only
Grab a big read on the concept that might replace current Relay Chain in the future
Web3 revolution coming ⭕️
By Dr Gavin Wood
Agile Coretime soon on Kusama
🔜
Kusama 2.0 Blockspace As A Service
Polkadot 2.0 Blockspace As A Service
Blockspace sold as a Commodity⭕️
Main rivals are👇
- Oracle Blockchain
- Google Cloud Platform Blockchain
- IBM Blockchain
- Microsoft Azure Blockchain Service
Agile Coretime has been successfully deployed on Westend. The final test has been cleared before engineers bring this exciting technology to
@kusamanetwork
- and ultimately
@Polkadot
itself.
Agile Coretime makes it easier to build applications on Polkadot.
OnFinality & Google Cloud & Polkadot Collab ⭕️
Hot from Token2049 🔥
OnFinality is providing enterprise-level blockchain infrastructure and tooling support that is funded by the Polkadot treasury and built on Google Cloud for all 40+ Polkadot parachains
⭕️ Provide common good…
So Astar Network works with:
🎯 Toyota (🥇publicly traded company in Japan)
🎯 Sony (🥈in Japan)
Lets go with it’s Collab with:
🎯 NTT (🥉biggest public company in Japan)
🎯 Oasys (decentralised blockchain video gaming platform)
🎯 Japan Gov
A Gaming Thread with Astar🧵
⬇️⬇️
Polkadot 2.0 prediction:
⭕️ Spring 2024: Polkadot 2.0 works on draft version + Bitcoin Halving
⭕️ Summer 2024: Lease model => Selling Coretime for current parachaines (100cores)
⭕️ Autumn 2024: Bulk and Instantaneous sales for new projects (130cores)
⭕️ Winter 2024:…
Polkadot 2.0 needs to be User Friendly for Developers wanting to buy Coretime either by Bulk or Instantaneous Sale
Here comes Lastic with the solution🎯
Lastic is a pioneering Blockspace Marketplace developed on Polkadot⭕️
It aims to develop a User Interface (UI) tailored for…
It’s good to have a healthy competition
But with respect & open to Cross-chain collaboration 🤝
Cardano already implemented some Polkadot SDK into their solutions
Let’s see what will happen with future Coretime & XCM v3
It went fast from 1Mil to 2.7Mil
It will be a cool record for Polkadot today ⭕️
Great Relay Chain test & stress test for Devs
Hope those txs numbers will become a normal thing in 2024😁
Today Polkadot already has 2.7 million transactions.
Someone is continuously sending tons of remark extrinsics with this JSON to the Polkadot network:
{"p":"dot-20","op":"mint","tick":"DOTA"}
Example:
Astar 2.0 Supernova 🔥
Astar zkEVM: the Ethereum Layer 2 scaling solution powered by Polygon's CDK.
"We aim to bridge our Ethereum to Polkadot through this partnership using the latest zk technology."
Astar Network not leaving Polkadot! ⭕️
Both Ecosystems Interoperable:
▪️On…
This is so dope!
Polkadot is decentralized but here it speaked as an united Community 🥳
70 taxi in Berlin with Polkadot logo
Now a super racing car
What’s next? 😁⭕️
How Polkadot onboarded👇
500k+ MeWe Users (Social Platform)
650k Mythical Games Users (confirmed 2024)
The answer is Trust🤝
✅For MeWe Users trust of Data Ownership & no user behaviour Tracking
✅For Mythical Games Users trust of Data Ownership & speed of Transactions
Trust…
Should Polkadot do a big rebranding in April 2024 with Polkadot 2.0 Blockspace as a Service launching?
Since it won't be focused only on Parachains fighting for a 2 year, expensive slot
We could show with a new logo, that it's changing from Chain-centric to App-Centric
A place…
Astar Network is launching
DApp Staking v3 in second week of Feb
What does this mean for Stakers?
All dApps will have $astr unstaked & People will have to stake on them again
The decommission mode starts February 9th - try to claim the rewards around that date
I was staking…
Astar Network & Sony Network picked 19 Projects to further fund & expand! ⛏️
Help from top VC & Top Web3 firms.
Let’s go through them all. 👀👀
Very long but worthy thread🧵🧵
⬇️⬇️
Lack of Smart Contracts on Polkadot was always the biggest problem 📛
Then came Astar as a perfect Platform for Smart Contract Deployment using Ink! ➡️ a Rust-based Smart Contract language for the Polkadot Ecosystem
As Brushfam future after their angry statement is unknown, we…
.
@Polkadot
’s $DOT token will be listed on
@HashKeyExchange
, the first licensed virtual asset exchange in Hong Kong.
Will this open listing opportunities for its parachains? 💭🤔
⬇️ Deposits & Withdrawals: Open Now
📈Trading: Opens at 16:00 on November 30, 2023 (UTC+8)
📤Trading…
Coretime Q2 on Polkadot ⭕️
Elastic Scaling Q3 on Polkadot ⭕️
It’s awesome, cause at first Elastic Scaling was always announced „to the end of year”
Mythical Games will definitely use this!
Google Trend on Polkadot rising, looks similar👀
Biggest recent searches are👇
1. Slovenia
2. China
3. Switzerland
4. Cyprus
5. Singapore
Hong Kong regulations soon will allow more for institutional & Retail
Visa-backed Agrotoken is to build a Polkadot Parachain that Tokenizes soybeans, corn & wheat 🌽
Björn Wagner, CEO of Parity:
Agrotoken has the potential to revolutionize the Agricultural Industry by Digitizing Agrocommodities & introducing transparency to a Trillion $ Market
Let’s check how many Cores might Polkadot have at the start of Polkadot Ubiquitous Computer 🔜
Blockspace As A Service⭕️
Coretime on Polkadot UC sold in two formats⤵️
▪️Bulk Coretime
▪️Instantaneous Coretime
📌On a Core you can assign Tasks
▪️The basic Task is securing a…
Lastic - Polkadot Coretime Marketplace
Wrote a Thread on
@dot_philosophy
⭕️
I hope You enjoy what’s cooking in future Polkadot 2.0 Blockspace as a Service Marketplace!
Thanks for support🔥
My first post as a Head Ambassador for
@neurolanche
, the best dApp on Astar Network
The heart of Neurolanche X Labs will be $NEROX, a utility Token soon to be launched 🪂
One of the 7 Projects we are currently working on is
Firolauss dApp
By Neurolanche + a Combo of…
Unknowns in Polkadot 2.0. Gimme Your Idea! 🧠👀
⭕️The initial Price of Bulk Coretime.
▪️My idea: 4200 DOT for first month
(Assuming 100k DOT for 2 year old Auction was a fair price)
⭕️The price-change algorithm between Bulk Coretime sales.
▪️My idea: 7% increase if sold >…
„Digital Trust is Real World”
This was 2.5 years ago
Kudos to
@origin_trail
mentioned among Enterprise Giants
„Blockchain Technology is only going to get stronger”
Once You gain an Enterprice trust, they show Your work to their other Partners
Strong Domino effect!
Today is…
Dan Purtell, Director of Innovation at
@BSI_UK
, discusses why
@HomeDepot
& the 1.4 trillion dollar ecosystem leveraging
#SCAN
has adopted
@origin_trail
's Decentralized Knowledge Graph.
"Digital trust is real world, this is solving modern day problems" - Dan 🎯
#Google
2.0 $TRAC
Astar Network a Member of Busan Blockchain Alliance 🤝
Busan City to become the first Blockchain City by 2026 🏬⛓️🌏
Mayor of Busan City 🔜 “Busan will be the first Blockchain City that can meet the decentralized Web3 era in advance by newly constructing the entire Urban…
All Bulk Coretime sold by Polkadot will be done 🔜 new system parachain known as the Coretime-chain (first proposed name was Broker-chain) ⭕️
The Agile Coretime Broker pallet wrote 2-3 weeks ago by Dr Gavin Wood will soon be added to Polkadot Coretime-chain Code
Coretime will…
What Firms we might see using Polkadot Cores in 2025, both directly on Core & with ParaTasks (old Parachains) 👀
Prediction:
🟥NTT Docomo
🟦Shell
🟪Astra Zeneca
🟩Home Depot
🟨Novo Nordisk
🟫Walmart
🟧Amazon
⬜️Microsoft
⬛️Toyota
🟪Sony
🟨Axel Springer
🟩Deloitte
🟧Vodafone…
It’s been an amazing journey with
@easya_app
so far!
Learned so much about Blockchain, Coding, dApps & Polkadot. ⭕️🔥
Thanks to them i went through Rust programming language and currently diving into Ink! in smart contracts. 🛠️
Thanks to
@kwok_phil
&
@dom_kwok
and the rest! ✊
Just reached 3594 on Pinkdrop 🎀! Compete with us via
@pinkonomic
I'm gonna stay a little in the leaderboard, if You ok with that? 🎀
Love Pink Games! New things cooking everyday 😁
Polkadot Coretime already slowly going on Testnet ⭕️
Joe-coretime-chain branch
By Joe Petrowski Technical Integrations Lead at Web3 Foundation
polkadot::CORETIME_POLKADOT_LOCAL,,"Polkadot Coretime Local"
polkadot::CORETIME_POLKADOT_DEVELOPMENT,"Polkadot Coretime Development"…
Another potencial Marketplace for Polkadot Coretime ⭕️
For more details:
@JulianSaks
Corego is a Marketplace & set of Tools for Coretime manipulation & Data tracking 🔜 goal of making Development on Polkadot faster, easier, more flexible & as an end result cheaper…
Woooa! Even better than i thought. 😁
Sony’s Blockchain will be Huge!! So many Use Cases for normal People. ⭕️
For Startale (Astar) to be Building it shows their Tech & Know-how is outstanding! ⛏️
Gratz Sota & whole Team! 🥳
Probably the biggest announcement we made so far. I am extremely excited to announce that Sony is going to make Sony's blockchain together with
@StartaleHQ
, a spin-off company from
@AstarNetwork
through the joint venture between us. This can be the game changer in web3, and here…
Welcome Web3 Gaming Teams ⭕️
Yesterday & today we are testing milions of transactions daily for You
It went great😁
Let’s now forget
@AjunaNetwork
enables both Unity & Unreal engine!
Polkadot 2.0 Progress ⭕️
rk-Core-time-prep Branch 🌿
Mechanism for taking in Orders for Pay as You Go (PAYG) or on Demand Parachain Assignments
✅Implement
✅Provide Migrations
⛔️Add and fix tests (in Coding🔨)
⛔️Test migrations
⛔️Add migration PR to runtimes repo
▪️Unit…
Enjin finished migration from Eth & Polkadot to build their own „Polkadot”
Enjin RelayChain is a Substrate-based consensus Mechanism - sounds familiar👀
Enjin Blockchain will remain updated with the latest changes from Polkadot while continuing to develop in its own direction
This Dude is fkn killing it!
He speaks very casually about advanced stuff so everyone can understand
A must watch on Agile Coretime & KSM/DOT burning & the future of the Polkadot Ecosystem
Get this Guy more often lol
S P A C E M O N K E Y S ˄͎ Podcast
The DOT Burn
→ Polkadot's Agile Coretime
feat.
@domuiri
w/
@GldnCalf
Show Notes:
Today we blast off with Dónal Murray a chief builder behind agile coretime and Polkadot's coming coretime chain. We discuss core concepts, pricing blockspace,…
It’s May 2024 ⭕️
The World is once again speaking loudly about Crypto thanks to recent Bitcoin Halving.
It’s everywhere in the news, Your Twitter account is pumping from newcomers.
🟰🟰🟰🟰🟰🟰🟰🟰🟰🟰🟰🟰🟰
Polkadot 2.0 Coretime Lease is a Thing.
🟰🟰🟰🟰🟰🟰🟰🟰🟰🟰🟰🟰🟰…