Polkadot to debut parachain auctions after governance vote

Polkadot has laid out a schedule to debut parachain auctions on Nov. 11 following unanimous approval from the blockchain’s on-chain governance council members. The news marks a landmark achievement as it fulfils the final core technical element of the whitepaper published five years ago. 

Parachains are uniquely distinctive layer-1 blockchain platforms that operate in laterally alongside the main Polkadot network, in addition to being tethered to the Polkadot Relay Chain. Their…

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