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@@ -34,6 +34,14 @@ The minimum set of information you need to be able to explain Polkadot to others
- Blazing fast execution speeds compared to other blockchain VMs.[^43]
- One of the largest functioning DAOs, managing the functionality of the network and tens of millions of dollars in assets for development.[^44]
## Polkadot Comparisons
- Ethereum: Polkadot realized Ethereum's scaling vision, first delivered by co-founder Dr. Gavin Wood. [^51]
- Solana: Unlike Solana, Polkadot scales without compromising Web3 principles of decentralization and security.[^52]
- Cosmos: Unlike Cosmos, Polkadot provides shared security and secure interoperability.[^53]
- Avalanche: Subnets in Avalanche are not as flexible as applications on Polkadot, and subnets do not provide shared security or secure interoperability.[^54]
- Layer 2s: Layer 2 solutions face performance issues, unpredictable fees, and fragmented interoperability due to non-native support for rollups.[^55]
[^1]: Learn more about Web3:
- The first time the term "Web3" was used: https://gavwood.com/dappsweb3.html
- A blog post describing the importance of Web3: https://gavofyork.medium.com/why-we-need-web-3-0-5da4f2bf95ab
@@ -86,3 +94,20 @@ The minimum set of information you need to be able to explain Polkadot to others
[^44]: Information about the Polkadot DAO: https://polkadot.com/platform/dao
- Polkadot Treasury Account: https://polkadot.subscan.io/account/13UVJyLnbVp9RBZYFwFGyDvVd1y27Tt8tkntv6Q7JVPhFsTB
[^51]: Polkadot comparison document to Ethereum:
- https://wiki.polkadot.network/docs/learn-comparisons-ethereum-2
[^52]: Solana is better described as a distributed database, than a Web3 product.
- Information about the scalability trilemma: https://ethereum.org/en/roadmap/vision/
- Solana scales vertically while Polkadot scales horizontally.
- Since January 2022, Solana has seen around half a dozen significant outages and 15 partial or major outage days: https://cointelegraph.com/news/solana-outage-client-diversity-beta
[^53]: Polkadot comparison document to Cosmos:
- https://wiki.polkadot.network/docs/learn-comparisons-cosmos
[^54]: Polkadot comparison document to Avalanche:
- https://wiki.polkadot.network/docs/learn-comparisons-avalanche
[^55]: Polkadot comparison document to Layer 2s and Rollups:
- https://wiki.polkadot.network/docs/learn-comparisons-rollups