Polkadot Relay Chain

GPTKB entity

Statements (64)
Predicate Object
gptkbp:instance_of gptkb:software_framework
gptkbp:bfsLayer 5
gptkbp:bfsParent gptkb:Polkadot.js
gptkb:Westend_Testnet
gptkbp:collaborations Nominated Proof-of-Stake
highly decentralized
gptkbp:communication Substrate
gptkbp:community active developer community
gptkbp:competes_with gptkb:Ethereum_2.0
gptkbp:created_by gptkb:Gavin_Wood
gptkbp:data_usage 1000 transactions per second
gptkbp:developed_by gptkb:Web3_Foundation
gptkbp:ecosystem Polkadot ecosystem
gptkbp:events Polkadot launch event
gptkbp:flag gptkb:DOT
gptkbp:governed_by on-chain governance
DOT token
https://www.w3.org/2000/01/rdf-schema#label Polkadot Relay Chain
gptkbp:is_considered over 1000
gptkbp:is_integrated_with cross-chain messaging
gptkbp:is_scalable sharding
gptkbp:key gptkb:Company
real-time updates
low latency
collaborative governance
modular architecture
user-friendly interfaces
community-driven development
high throughput
efficient resource allocation
active community engagement
decentralized governance
open-source development
parachain auctions
on-chain governance
network interoperability
cross-chain compatibility
support for multiple languages
decentralized identity solutions
data privacy solutions
developer-friendly environment
robust security
cross-chain asset transfers
robust ecosystem
shared security model
collators
NFT support
customizable blockchains
interoperable smart contracts
decentralized finance (De Fi) support
dynamic upgrades
inter-chain communication
interoperable oracles
relay chain architecture
substantial scalability
gptkbp:launch_date May 26, 2020
gptkbp:network multi-chain network
gptkbp:part_of Web3 movement
gptkbp:primary_function facilitate interoperability between blockchains
gptkbp:security_features shared security
gptkbp:supports parachains
gptkbp:transfer_fee variable fees
gptkbp:upgrades forkless upgrades
gptkbp:use_case gptkb:computer