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14 August 2020

Polkadot Goes Live as Web3 Foundation Pushes Prospective Mainnet - CoinDesk

Polkadot Goes Live as Web3 Foundation Pushes Prospective Mainnet - CoinDesk


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Polkadot Goes Live as Web3 Foundation Pushes Prospective Mainnet.

Wood also co-founded Ethereum – including writing the network’s yellow paper and its programming language, Solidity – before becoming disenfranchised with that blockchain’s progression toward a Proof-of-Stake (PoS) consensus algorithm (an overhaul commonly referred to as Eth 2.0). .

Polkadot will first launch under a Proof-of-Authority (PoA) consensus algorithm controlled by the Web3 Foundation.

Polkadot will then transition to a PoS consensus algorithm with disbursements of the network’s DOT token, the blog states.

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Litecoin (LTC) Price Analysis: Facing Key Hurdles Near $45
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