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@@ -34,43 +34,43 @@ The minimum set of information you need to be able to explain Polkadot to others
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- Blazing fast execution speeds compared to other blockchain VMs.[^43]
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- One of the largest functioning DAOs, managing the functionality of the network and tens of millions of dollars in assets for development.[^44]
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[^1]:
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[^1]: Learn more about Web3:
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- The first time the term "Web3" was used:
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- https://gavwood.com/dappsweb3.html
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- A blog post describing the importance of Web3:
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- https://gavofyork.medium.com/why-we-need-web-3-0-5da4f2bf95ab
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[^2]:
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- Explanation of sharding on Polkadot:
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- https://polkadot.com/blog/polkadot-v1-0-sharding-and-economic-security
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[^3]:
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- A high level overview of shared security:
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- https://www.youtube.com/watch?v=uKQOSPfM-W0
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[^4]:
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- A blog post explaining the term "blockspace":
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- https://www.rob.tech/blog/polkadot-blockspace-over-blockchains/
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[^2]: Explanation of sharding on Polkadot:
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- https://polkadot.com/blog/polkadot-v1-0-sharding-and-economic-security
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[^3]: A high level overview of shared security:
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- https://www.youtube.com/watch?v=uKQOSPfM-W0
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[^4]: A blog post explaining the term "blockspace":
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- https://www.rob.tech/blog/polkadot-blockspace-over-blockchains/
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[^5]:
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- The ELVES paper, formally describing Polkadot's cynical rollup:
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- https://eprint.iacr.org/2024/961
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- A tweet summary of the ELVES paper:
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- https://x.com/rphmeier/status/1807884271157187007
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[^20]:
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[^20]: For example:
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- Build applications where end-users pay no transaction fees.
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- Build applications more resilient to MEV.
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- Build applications which can prioritize tasks and processes.
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[^21]:
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- A demo of a Polkadot SDK blockchain producing blocks every .5 seconds:
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- https://twitter.com/bkchr/status/1818027282688352591
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[^21]: A demo of a Polkadot SDK blockchain producing blocks every .5 seconds:
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- https://twitter.com/bkchr/status/1818027282688352591
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[^22]:
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- Learn about forkless runtime upgrades in Polkadot:
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- https://wiki.polkadot.network/docs/learn-runtime-upgrades
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[^22]: Learn about forkless runtime upgrades in Polkadot:
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- https://wiki.polkadot.network/docs/learn-runtime-upgrades
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[^31]:
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- Compare that to optimistic rollups which may take up to a week!
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- Block production is separated from finality, reducing network stalls:
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[^31]: Learn more about cynical rollups:
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- Compare that to optimistic rollups which may take up to a week to finalize!
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- Cynical rollups actively check that a block is valid, rather than waiting for someone to report it is invalid.
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- See ELVES paper footnote above.
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- Compared to "instant finality" consensus, block production is separated from finality, reducing network stalls:
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- https://polkadot.com/blog/polkadot-consensus-part-1-introduction
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[^32]:
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