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1️⃣ Fundamentals — What Is Polkadot

→ Read the main article: Polkadot — The Next-Generation Blockchain

Key Takeaways

  1. Polkadot is not a single chain — it is a multi-chain protocol consisting of a Relay Chain plus multiple Parachains.
  2. The cross-chain messaging protocol XCM enables assets and messages to move trustlessly between chains.
  3. OpenGov is Polkadot's on-chain democracy system; all protocol upgrades are passed by vote of DOT holders.
  4. Three highlights of Polkadot 2.0: Agile Coretime, Elastic Scaling, and Async Backing.

Keywords

Relay Chain, Parachain, XCM, Coretime, Snowbridge, Hyperbridge, OpenGov, DOT 2.1B hard cap