THE RELATIONSHIP OF VALIDATOR, NOMINATOR & COLLATOR IN POLKADOT CONSENSUS
đ„ïž Polkadot's Nominated Proof of Stake (NPoS) is a unique #POS subcategory where nominators select trustworthy validators based on past performance
đĄïž This innovative system ensures a non-malicious network. @Polkadot uses types - validators, nominators, collators - to maintain network integrity
đ„ïž Polkadot is always known as one of the top-notch technology blockchains.
đ ïž DOT is the primary tool for people to interact with, secure, and coordinate the @Polkadot network, and has many uses across the ecosystem
đ Future developments may also bring additional uses for DOT, such as purchases of coretime as part of ongoing proposals for Polkadotâs future roadmap
đ Taiga protocol @TaigaProtocol is a synthetic asset protocol designed to unify different formats of staking and crowdloan derivatives into a highly efficient standard
đȘ Its #tDOT has recently experienced 1000%+ TVL growth with over 1.6M #DOT in the protocol
đ Why can this protocol reach this milestone, learn the benefits & use cases that well-serve for @Polkadot holders belowâïž
đ Dive into the #DeFi on Polkadot and Moonbeam Network!
đïž We had a discussion with Aziz to listen to the latest updates from StellaSwap and how these things can boost the #Polkadot and #MoonbeamNetwork ecosystem đ
Explore all insights now đ https://youtu.be/5-sCRKoHpBo?feature=shared
đČ Nova Wallet is a cutting-edge mobile wallet designed for the @Polkadot ecosystem embodies these principles
âš This innovative application simplifies the often complex world of cryptocurrencies, making it an indispensable tool for anyone looking to engage with blockchain assets
đ Check out 1âŁ5⣠reasons why you should #StakeDOT with @NovaWalletApp
đą Exciting news! @PhalaNetwork has officially announced their Phat Contract 2.0
âš Phat Contract 2.0 empowers developers to write TypeScript scripts for deploying as Phat Contracts
đ The scripts can now seamlessly respond to on-chain smart contract data requests, have the freedom to call APIs, and define response data structures
đ Let's explore the features of Phat Contract 2.0 starter kit below
đ @wearetalisman one of the trusted crypto companions in @Polkadot, is joining forces with @DCENTWALLETS Wallets, a renowned hardware wallet provider
âš This integration promises to elevate your crypto journey with a perfect blend of security and convenience
đ @PolimecProtocol is a decentralized multi-chain funding protocol to accelerate the Web3 ecosystem, which just win the @Polkadot auction for parachain slot 51st
đ The protocol executes trustless and automated token transfers, eliminating counterparty risks and human errors in the funding process
âš Its native token - PLMC plays an important role in its ecosystem
đ Let's explore the functionalities of the #PLMC