Polkadot is a protocol invented by Gavin Wood, the co-founder of Ethereum and Parity Technologies
On Oct. 27, 2017, Polkadot’s token pre-sale, raised 485,331 ETH (~$145 million) to build out its parallel blockchain concept
On Polkadot, parachains share the security of a base chain called the inter-chain
Footnotes
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