Cointime

Download App
iOS & Android

Polkadot’s Q4 Report Highlights Web3’s Accelerated Growth & Innovation

The Polkadot ($DOT) network says it ended 2022 on a high, reporting multiple key developments that took place in the fourth quarter as well as strong developer momentum. 

The implementation of nomination pools was one of a number of headlines made by the Polkadot ecosystem during the final three months of the year. In other news, the Polkadot smart contract platform Astar Network announced in October it had entered into a key partnership with the Japanese mobile network provider NTT Docomo. Astar said it will henceforth be working with NTT Docomo on a number of initiatives that aim to boost adoption of Web3.

That same month also saw a major milestone for Polkadot, as its parachain KILT Protocol pulled off what was the first full migration from Kusama to Polkadot’s main relay chain. Kusama is a “canary network” that serves as a kind of testbed for both Polkadot, and the numerous parachains that are one day aiming to launch on Polkadot’s relay chain. 

There were good news for DOT investors too, who may have been satisfied to learn that the U.S. Securities and Exchange Commision no longer sees the token as a “security”, but rather a “non-security”.

Comments

All Comments

Recommended for you

  • Cointime May 3rd News Express

    1. The 133rd Ethereum ACDC meeting: The goal is to complete the devnet within 7-10 days
  • Trends in Voter Behaviour and Voting Power: A Comparative Study in Curve Finance and Polkadot

    Blockchain technology has ushered in a new era of innovative governance mechanisms for decision-making. It shifts power from small, centralized groups to a broader community, democratizing and monetizing voting power. This transformation significantly boosts participation, enhances transparency, and secures the decision-making process within the community.
  • Cointime April 23th News Express

    1. EigenLayer: Deposit limits for all LST tokens will be removed on April 16
  • Cointime April 5th News Express

    1.Mystiko.Network Community Sale Completed, Total $11.25 Million in XZK Sold2.Solana Co-founder Responds to the Sharp Increase in Transaction Failure Rates: Patch Coming Soon3.Ethena USDe market value exceeds 2 billion US dollars, setting a new record4.Du Jun, Executive Director and CEO of Xinhuo & Founder of ABCDE: Xinhuo Technology and ABCDE will invest 100 million US dollars to support blockchain companies that promote social development 5.QCP Capital: Bitcoin is expected to return to $70,000 this week, while Ethereum continues to be weak6.bitSmiley Labs officially launches its independent ecosystem plan, bitUniverse, and reveals its OG pass bitDisc-Black Upgraded Priviledges 7.Avalanche Foundation launches ice-breaking plan, focusing on LST track in the first phase and funding 500,000 AVAX 8.SuperRare Expands into Bitcoin Ordinals with Killer Acid's Psychedelic Art Collection 9.A dormant whale address for 8 months deposited 1,100 BTC into Binance10.Meme exchange DerpDEX.com completes multi-million dollar strategic investment, with participation from ABO Digital and others
  • Terra founder Do Kwon to be extradited to U.S.

    Terra founder Do Kwon will be extradited to the United States.
  • Cointime February 3 News Express

    1. Ripple payment service "Ripple Payments" plans to return to the US market and launch targeted solutions
  • State of Polkadot Q4 2023

    Polkadot (DOT) is a distributed blockchain computing platform that acts as a base layer for other sovereign blockchains, called parachains, for validation and shared security. Polkadot was built using Substrate, a blockchain developmental framework. Furthermore, Polkadot’s base layer is known as the Relay Chain, which utilizes a Nominated Proof-of-Stake (NPoS) consensus mechanism, and its state machine is compiled to WebAssembly (Wasm).
  • Cointime January 14 News Express

    1.Digital asset protocol Metaplex will list its Solana inscription on January 162.Investment bank TD Cowen: The U.S. SEC will not approve an Ethereum spot ETF in the short term3.Binance, Kraken and other nine trading platforms have been removed from Google App Store in India4.Barclays economists advance forecast for Fed rate cut to start from June to March5.The Chairman of the U.S. SEC issued a statement on the theft of the SEC's official Twitter account: The impact is still being evaluated and the company is cooperating with law enforcement agencies for
  • Cointime January 7th News Express

    1.Ordinals’ cumulative fee income exceeds 5,400 BTC
  • Cointime December 31st News Express

    1.Linea mainnet has crossed 305,685 ETH