Talk:Polkadot (blockchain platform)
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Notability and promotion
The overuse of primary sources here makes me question if this is even notable? The content, tone and length aren't acceptable. Can we cut it down and rewrite it based on secondary sources or is this a WP:TNT? Widefox; talk 22:08, 6 January 2018 (UTC)
- Ping creator User:Uhooep Widefox; talk 17:51, 7 January 2018 (UTC)
- Why should the usage of primary sources be inherently bad? I do believe it would be worth expanding on this project but this article is far from a disaster. 2A02:8106:9:6500:74C5:74DF:DFB:55C5 (talk) 18:43, 17 January 2018 (UTC) K
Being a contributor to this page it is difficult to understand your criticism. Mainly created by community members this page is intended to give information on the Polkadot project and the ecosystem to come in the future. The Web 3 Foundation is a nonprofit as the driving power behind this. Being actively developed ATM Polkadot is one of the most interesting emerging technologies in the crypto world. I would love to help making this page better. Therefore it would be important to know what in your opinion can be improved on. MasterOfDesaster99 (talk) 19:17, 17 January 2018 (UTC)
- Wikipedia is not a means of advertisement and we don't care whether the subject is non-profit or not. We look at the subject's notability, first. We use metrics like the coverage of the subject in independent, reliable sources to determine if the subject is notable or just another thing that exists. People interested in Polkadot should find some other website to host discussion of the subject because Wikipedia is not the place for that. Chris Troutman (talk) 19:30, 17 January 2018 (UTC)
- I understand the concern over advertising on Wikipedia. However, the project has achieved some notability as a blockchain software protocol. It has recently received coverage/mention by a number of mainstream news sources (Forbes, Bloomberg, PC Magazine, Financial Post). It's among the top 10 crowdfunded projects of alltime. The technical specifications for the software has academic merit with citations in journals and conference proceedings on Google Scholar. Famously (infamously), it was a major victim of the Parity wallet hack (for which there is even further coverage of the Polkadot project from reputable media sources). Pdmcgillivray (talk) 07:26, 18 January 2018 (UTC)
The notability of a project is a highly subjective matter though. Wikipedia is the means to give independent information about relevant topics. I want to contribute and want to make this page better and would highly appreciate your help in doing so. MasterOfDesaster99 (talk) 20:33, 17 January 2018 (UTC)
- Comment there's several WP:SPA accounts here - all editors please note you must read and abide by WP:COI, and disclose per that. Widefox; talk 19:08, 18 January 2018 (UTC)
Sourcing
This article had two RSes, one of which was a single mention in Bloomberg and the other was an article on the ICO in TechCrunch.
I just cut a large slab of technical detail that was completely primary sourced. It shouldn't be restored without RSes.
As noted above, this article still needs RSes. Are there any? - David Gerard (talk) 00:06, 7 February 2021 (UTC)
- https://www.bloomberg.com/news/articles/2020-10-17/ethereum-blockchain-killer-goes-by-unassuming-name-of-polkadot Coin (talk) 19:12, 13 February 2021 (UTC)
Upgrade from stub status
I tried to bring back some of the details that had been lost in previous versions, while restructuring a bit the lead section, removing some of the promotional tone in sentences, and bringing a couple more sources from non-crypto medias. There is definitely a lot more work to be done on this page - given that it is one of the largest cryptocurrencies, its notability deserves it a bit of love and attention 7804j (talk) 08:26, 28 March 2022 (UTC)
A Commons file used on this page or its Wikidata item has been nominated for deletion
The following Wikimedia Commons file used on this page or its Wikidata item has been nominated for deletion:
Participate in the deletion discussion at the nomination page. —Community Tech bot (talk) 16:52, 18 May 2022 (UTC)
Possible future paid editing
Someone was advertising today on twitter for a writer to "improve" this article.[1] Schazjmd (talk) 16:38, 9 December 2024 (UTC)
Proposed changes to Concepts section
Hi, my name is Atakan, I've been contacted by Polkadot Governance to improve the Polkadot article. Polkadot Governance is a decentralized system designed to enable its token holders to propose and decide on network upgrades, treasury funding, and protocol changes. It operates through OpenGov, a transparent process where decisions are made by token holders and community representatives.
I'd like to propose the following changes to the Concepts section of the article. As things stand right now, the section feels quite disjointed and doesn't adequately address the basic concepts of the Polkadot blockchain; instead, it mostly consists of concepts that have been thrown together without much cohesiveness. Some of the sources cited in the section are also either self-published directly by Polkadot or self-published by projects associated with them, and they don't contain relevant information to validate the claims in the text. Instead, I'm proposing a more structured Concepts section with a clear flow, starting with more basic blockchain concepts and progressing to more advanced but notable ones.
In some cases, I have cited arXiv articles instead of peer-reviewed articles, the most notable case being "Overview of Polkadot and its Design Considerations" [2]https://arxiv.org/abs/2005.13456. In my opinion, this is one of the foundational papers on the Polkadot blockchain and explains several of its core concepts in detail. As of today, the article has been cited more than 140 times by other research articles published in peer-reviewed journals. I believe that, even though Wikipedia guidelines suggest arXiv articles should be used as a last resort when peer-reviewed articles aren't available, it would be a disservice to Wikipedia users not to include this article, as so many other sources cite it directly. To warn users and potential editors about this issue, I have used the following "primary sources template":
.
I'm not sure if this sufficiently covers the use of arXiv articles. Please advise if there is another, more suitable template I can use. Thanks in advance!
I've mostly tried to retain previous contributions. For example, the Multi-chain ecosystem and Sovereignty, shared security and interoperability subsections are mostly untouched (except in the case of Sovereignty, shared security and interoperability, which has been renamed "Design Principles" to be more concise). However, I've changed their order in the Concepts section within the additions I've made to maintain a more natural flow. Similarly, the Cross-Consensus Message Passing (XCMP) subsection was moved under a new subsection called "Consensus Mechanisms," where other protocols are also discussed so it doesn't feel disjointed from the rest of the Concepts section anymore, in my opinion.
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I've found the comparison template a bit clumsy for submitting large changes, especially since the it doesn't seem to allow for inspecting the changes in a visual format, so I'm submitting my changes here again to be better viewed with the visual source format.
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Polkadot is a peer-to-peer network designed to connect multiple specialized blockchains, known as parachains, enabling them to share security and communicate seamlessly. The network employs a nominated proof-of-stake (NPoS) consensus mechanism, with validators and nominators securing the network and processing transactions.[28][29] Each parachain connects to Polkadot's central Relay Chain, which is responsible for maintaining consensus and finalizing transactions. The Relay Chain itself is lightweight, focusing exclusively on its core functions, without supporting smart contracts directly.[30] Polkadot nodes, called validators, participate in block production and finalization, securing the Relay Chain and overseeing parachain operations. Parachains communicate through the Cross-Consensus Message Passing (XCMP) protocol, which facilitates cross-chain communication.[31] Polkadot employs a unique scaling mechanism known as sharding through its parachain architecture. Instead of processing all transactions on a single blockchain, Polkadot allows multiple parachains to operate simultaneously. [32] Parachain slots are allocated through a process called parachain slot auctions, where developers bid using the native cryptocurrency, DOT. Projects that secure a slot can lease it for a specified period, allowing them to connect to the network and benefit from its shared security and interoperability.[33] Any Polkadot account can participate in governance by voting on proposals or nominating validators. Governance proposals cover a wide range of topics, including network upgrades, and treasury spending. DOT holders can vote directly on proposals through an on-chain voting mechanism or delegate their voting power to trusted representatives.[34] Staking DOT also plays a dual role in governance and network security. Validators and nominators are incentivized through staking rewards, distributed proportionally based on their contributions and performance. However, staking requirements can also act as a barrier for participants with limited resources, potentially centralizing power among larger holders.[35]
Parachains are customizable blockchains that run in parallel or independently as solochains within the Polkadot network. These chains leverage the security and interoperability provided by Polkadot's Relay Chain while maintaining their unique features and governance structures. Parachain slots are allocated through auctions, where developers bid using Polkadot's native cryptocurrency, DOT.[36]
The DOT cryptocurrency is the native token of the Polkadot network. It serves multiple purposes:
Accounts in Polkadot are identified by unique cryptographic addresses derived from public-private key pairs. These addresses are essential for interacting with the network, transferring DOT, and participating in governance and . Polkadot requires accounts to maintain an existential deposit—a minimum balance necessary to keep an account active on the network. Accounts falling below this threshold are automatically reaped, meaning their storage is cleared.[41] There are several account types in Polkadot:
Polkadot offers three fundamental properties to parachains: sovereignty, shared security, and interoperability.
Polkadot is designed to enable interoperability among multiple blockchains by integrating them into a unified network. The protocol provides an open-source software development kit called Substrate SDK, allowing developers to build custom blockchains optimized for specific applications. These blockchains can operate independently as solochains or integrate into Polkadot’s ecosystem as "parachains," benefiting from shared security and cross-chain communication capabilities.[47]
Polkadot employs a hybrid consensus model combining two protocols:
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Nalbantatakan (talk) 22:06, 16 January 2025 (UTC) Nalbantatakan (talk) 22:06, 16 January 2025 (UTC)
- This proposal relies on several unreliable sources. WP:ARXIV cites are unreliable - when we don't have a reliable source, that does not mean 'should be used as a last resort', that means leave the information out. Other sites are crypto news (like moonbeam, also unreliable) and primary sources such as conference papers.
- Overall the proposal dwells on unencyclopedic details and tends toward promotional wording. This is the kind of writing one would expect to see on the Polkadot project's own website, not on Wikipedia. - MrOllie (talk) 22:16, 16 January 2025 (UTC)
- Hi MrOllie, first of all thanks for the extended content templates, I was just trying to figure that out myself :)
- As I've mentioned in the edit request "[...]the most notable case being "Overview of Polkadot and its Design Considerations" [2]https://arxiv.org/abs/2005.13456. In my opinion, this is one of the foundational papers on the Polkadot blockchain and explains several of its core concepts in detail. As of today, the article has been cited more than 140 times by other research articles published in peer-reviewed journals." I believe this particular Arxiv article adds a plethora of information to the topic and deserves to be cited.
- Your other comment "Other sites are crypto news (like moonbeam, also unreliable) and primary sources such as conference papers", there are a total of 3 citations like this, well 4 if you include the arxiv source, however 2 of these (the initial moonbeam citation) are not my contributions, I've kept them as to not disturb previous contributions on the same topic, these sources are only used in technical subjects
- As to "Overall the proposal dwells on unencyclopedic details and tends toward promotional wording. This is the kind of writing one would expect to see on the Polkadot project's own website, not on Wikipedia.". If one were to visit Bitcoin or Ethereum articles, two blockchain platform Wikipedia entries that are very well written in my opinion, one would be quick to notice that I've attempted to structure the Concepts section quite similarly to them. Every subsection within are very far from promotional wording in my opinion and most actually merely summarize, and in some cases, directly quote the primary sources. As to sources being conference papers, Polkadot as a blockchain platform being relatively new is the main reason behind this, however, most of the sources themselves are relatively well cited and established in opinion, especially when their recency is taken into account. Nalbantatakan (talk) 22:36, 16 January 2025 (UTC)
- == References ==
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Blockchain Oracles: State-of-the-Art and Research Directions". IEEE Access. 10: 67551–67572. Bibcode:2022IEEEA..1067551E. doi:10.1109/ACCESS.2022.3184726.
- ^ a b c d e f van Haaren-van Duijn, Birgitte; Bonnin Roca, Jaime; Romme, A. Georges L.; Weggeman, Mathieu (September 2023). "The Seven Capital Sins in the Governance of Blockchain Ecosystems" (PDF). IEEE Engineering Management Review. 51 (3): 13–17. doi:10.1109/EMR.2023.3280130.
- ^ "Understanding XCM on Polkadot and How It Enables Cross-Chain Use Cases". Moonbeam. Retrieved 2024-09-11.
- ^ a b Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". 2023 Fifth International Conference on Blockchain Computing and Applications (BCCA). pp. 569–576. doi:10.1109/BCCA58897.2023.10338906. ISBN 979-8-3503-3923-9.
- ^ Smith, R.; Garcia, J.; Patel, A. (2023). "Analysis of Polkadot Architecture: Internals and Contradictions". Proceedings of the 12th International Blockchain Symposium: 45–62. doi:10.1007/978-3-031-47751-5_15. Retrieved January 8, 2025.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". Proceedings of the Fifth International Conference on Blockchain Computing and Applications: 569–576. doi:10.1109/BCCA58897.2023.10338906. Retrieved January 8, 2025.
- ^ Burdges, Jeff; Stewart, Alistair; Kokoris-Kogia, Eleftherios (2020). "Overview of Polkadot and its Design Considerations". arXiv preprint. doi:10.48550/arXiv.2005.13456. Retrieved January 8, 2025.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". Proceedings of the Fifth International Conference on Blockchain Computing and Applications: 569–576. doi:10.1109/BCCA58897.2023.10338906. Retrieved January 8, 2025.
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Analysis of Polkadot Architecture: Internals and Contradictions". IEEE Blockchain Conference Proceedings. doi:10.1109/Blockchain55522.2022.00019. Retrieved January 8, 2025.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". Proceedings of the Fifth International Conference on Blockchain Computing and Applications: 569–576. doi:10.1109/BCCA58897.2023.10338906. Retrieved January 8, 2025.
- ^ Kumar, P.; Sharma, M.; Zhang, Y. (2023). "Cross-Chain Communication in Blockchain Systems: A Comprehensive Survey". IEEE Transactions on Blockchain. 3 (4): 675–691. doi:10.1109/TBC.2023.10137874. Retrieved January 8, 2025.
- ^ Gehrlein, Jonas; Miebs, Grzegorz; Kadziński, Miłosz (2023). "An Active Preference Learning Approach to Aid the Selection of Validators in Blockchain Environments". Omega. doi:10.1016/j.omega.2023.102789. Retrieved January 8, 2025.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". Proceedings of the Fifth International Conference on Blockchain Computing and Applications: 569–576. doi:10.1109/BCCA58897.2023.10338906. Retrieved January 8, 2025.
- ^ Boehmer, Niclas; Brill, Markus; Cevallos, Alfonso (2024). "Approval-Based Committee Voting in Practice: A Case Study of (Over-)Representation in the Polkadot Blockchain". Proceedings of the 38th AAAI Conference on Artificial Intelligence. 38: 9519–9530. doi:10.1609/aaai.v38i9.28807. Retrieved January 8, 2025.
- ^ Gehrlein, Jonas; Miebs, Grzegorz; Kadziński, Miłosz (2023). "An Active Preference Learning Approach to Aid the Selection of Validators in Blockchain Environments". Omega. doi:10.1016/j.omega.2023.102789. Retrieved January 8, 2025.
- ^ Kumar, P.; Sharma, M.; Zhang, Y. (2023). "Cross-Chain Communication in Blockchain Systems: A Comprehensive Survey". IEEE Transactions on Blockchain. 3 (4): 675–691. doi:10.1109/TBC.2023.10137874. Retrieved January 8, 2025.
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Analysis of Polkadot Architecture: Internals and Contradictions". IEEE Blockchain Conference Proceedings. doi:10.1109/Blockchain55522.2022.00019. Retrieved January 8, 2025.
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Analysis of Polkadot Architecture: Internals and Contradictions". IEEE Blockchain Conference Proceedings. doi:10.1109/Blockchain55522.2022.00019. Retrieved January 8, 2025.
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Analysis of Polkadot Architecture: Internals and Contradictions". IEEE Blockchain Conference Proceedings. doi:10.1109/Blockchain55522.2022.00019. Retrieved January 8, 2025.
- ^ Burdges, Jeff; Stewart, Alistair (2020). "Overview of Polkadot and its Design Considerations". arXiv preprint. doi:10.48550/arXiv.2005.13456. Retrieved January 8, 2025.
- ^ Gao, B.; Li, J.; Zhang, H. (2022). "Blockchain Interoperability: State-of-the-Art and Future Directions". Proceedings of the 31st ACM International Conference on Advances in Geographic Information Systems: 239–250. doi:10.1145/3558535.3559794. Retrieved January 8, 2025.
- ^ Kiayias, Aggelos; Lazos, Philip (2022). "SoK: Blockchain Governance". Proceedings of the 4th ACM Conference on Advances in Financial Technologies: 61–73. doi:10.1145/3558535.3559794. Retrieved January 8, 2025.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". 2023 Fifth International Conference on Blockchain Computing and Applications (BCCA). pp. 569–576. doi:10.1109/BCCA58897.2023.10338906. ISBN 979-8-3503-3923-9.
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Blockchain Oracles: State-of-the-Art and Research Directions". IEEE Access. 10: 67551–67572. Bibcode:2022IEEEA..1067551E. doi:10.1109/ACCESS.2022.3184726.
- ^ "BABE | Research at Web3 Foundation". research.web3.foundation. Retrieved 2024-09-10.
- ^ "Polkadot Consensus Part 2: GRANDPA". Polkadot. Retrieved 2025-01-08.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". 2023 Fifth International Conference on Blockchain Computing and Applications (BCCA). pp. 569–576. doi:10.1109/BCCA58897.2023.10338906. ISBN 979-8-3503-3923-9.
- ^ Smith, R.; Garcia, J.; Patel, A. (2023). "Analysis of Polkadot Architecture: Internals and Contradictions". Proceedings of the 12th International Blockchain Symposium: 45–62. doi:10.1007/978-3-031-47751-5_15. Retrieved January 8, 2025.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". Proceedings of the Fifth International Conference on Blockchain Computing and Applications: 569–576. doi:10.1109/BCCA58897.2023.10338906. Retrieved January 8, 2025.
- ^ Burdges, Jeff; Stewart, Alistair; Kokoris-Kogia, Eleftherios (2020). "Overview of Polkadot and its Design Considerations". arXiv preprint. doi:10.48550/arXiv.2005.13456. Retrieved January 8, 2025.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". Proceedings of the Fifth International Conference on Blockchain Computing and Applications: 569–576. doi:10.1109/BCCA58897.2023.10338906. Retrieved January 8, 2025.
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Analysis of Polkadot Architecture: Internals and Contradictions". IEEE Blockchain Conference Proceedings. doi:10.1109/Blockchain55522.2022.00019. Retrieved January 8, 2025.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". Proceedings of the Fifth International Conference on Blockchain Computing and Applications: 569–576. doi:10.1109/BCCA58897.2023.10338906. Retrieved January 8, 2025.
- ^ Kumar, P.; Sharma, M.; Zhang, Y. (2023). "Cross-Chain Communication in Blockchain Systems: A Comprehensive Survey". IEEE Transactions on Blockchain. 3 (4): 675–691. doi:10.1109/TBC.2023.10137874. Retrieved January 8, 2025.
- ^ Gehrlein, Jonas; Miebs, Grzegorz; Kadziński, Miłosz (2023). "An Active Preference Learning Approach to Aid the Selection of Validators in Blockchain Environments". Omega. doi:10.1016/j.omega.2023.102789. Retrieved January 8, 2025.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". Proceedings of the Fifth International Conference on Blockchain Computing and Applications: 569–576. doi:10.1109/BCCA58897.2023.10338906. Retrieved January 8, 2025.
- ^ Boehmer, Niclas; Brill, Markus; Cevallos, Alfonso (2024). "Approval-Based Committee Voting in Practice: A Case Study of (Over-)Representation in the Polkadot Blockchain". Proceedings of the 38th AAAI Conference on Artificial Intelligence. 38: 9519–9530. doi:10.1609/aaai.v38i9.28807. Retrieved January 8, 2025.
- ^ Gehrlein, Jonas; Miebs, Grzegorz; Kadziński, Miłosz (2023). "An Active Preference Learning Approach to Aid the Selection of Validators in Blockchain Environments". Omega. doi:10.1016/j.omega.2023.102789. Retrieved January 8, 2025.
- ^ Kumar, P.; Sharma, M.; Zhang, Y. (2023). "Cross-Chain Communication in Blockchain Systems: A Comprehensive Survey". IEEE Transactions on Blockchain. 3 (4): 675–691. doi:10.1109/TBC.2023.10137874. Retrieved January 8, 2025.
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Analysis of Polkadot Architecture: Internals and Contradictions". IEEE Blockchain Conference Proceedings. doi:10.1109/Blockchain55522.2022.00019. Retrieved January 8, 2025.
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Analysis of Polkadot Architecture: Internals and Contradictions". IEEE Blockchain Conference Proceedings. doi:10.1109/Blockchain55522.2022.00019. Retrieved January 8, 2025.
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Analysis of Polkadot Architecture: Internals and Contradictions". IEEE Blockchain Conference Proceedings. doi:10.1109/Blockchain55522.2022.00019. Retrieved January 8, 2025.
- ^ Burdges, Jeff; Stewart, Alistair (2020). "Overview of Polkadot and its Design Considerations". arXiv preprint. doi:10.48550/arXiv.2005.13456. Retrieved January 8, 2025.
- ^ Gao, B.; Li, J.; Zhang, H. (2022). "Blockchain Interoperability: State-of-the-Art and Future Directions". Proceedings of the 31st ACM International Conference on Advances in Geographic Information Systems: 239–250. doi:10.1145/3558535.3559794. Retrieved January 8, 2025.
- ^ Kiayias, Aggelos; Lazos, Philip (2022). "SoK: Blockchain Governance". Proceedings of the 4th ACM Conference on Advances in Financial Technologies: 61–73. doi:10.1145/3558535.3559794. Retrieved January 8, 2025.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". 2023 Fifth International Conference on Blockchain Computing and Applications (BCCA). pp. 569–576. doi:10.1109/BCCA58897.2023.10338906. ISBN 979-8-3503-3923-9.
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Blockchain Oracles: State-of-the-Art and Research Directions". IEEE Access. 10: 67551–67572. Bibcode:2022IEEEA..1067551E. doi:10.1109/ACCESS.2022.3184726.
- ^ "BABE | Research at Web3 Foundation". research.web3.foundation. Retrieved 2024-09-10.
- ^ "Polkadot Consensus Part 2: GRANDPA". Polkadot. Retrieved 2025-01-08.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". 2023 Fifth International Conference on Blockchain Computing and Applications (BCCA). pp. 569–576. doi:10.1109/BCCA58897.2023.10338906. ISBN 979-8-3503-3923-9.
Proposed (more limited) changes to Concepts section
Hi, my name is Atakan, I've been contacted by Polkadot Governance to improve the Polkadot article. Polkadot Governance is a decentralized system designed to enable its token holders to propose and decide on network upgrades, treasury funding, and protocol changes. It operates through OpenGov, a transparent process where decisions are made by token holders and community representatives.
As the previous request was denied on the grounds of promotional wording and source concerns (sources that are still cited in the article), I've decided to propose more limited changes to the section and also to remove the selfpublished sources (which I haven't put there to begin with).
The main changes are to introduce core concepts of the blockchain and to rename the Sovereignty, shared security and interoperability subsection to "Design Principles" to be more concise).
Text Comparison for Proposed Changes | ||||
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A visual code version of the changes can also be found here:
Visual code for proposed changes |
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Polkadot is a peer-to-peer network designed to connect multiple specialized blockchains, known as parachains. The network employs a nominated proof-of-stake (NPoS) consensus mechanism, with validators and nominators securing the network and processing transactions.[11][12] Each parachain connects to Polkadot's central Relay Chain, which is responsible for maintaining consensus and finalizing transactions. The Relay Chain itself focuses exclusively on its core functions, without supporting smart contracts directly. Polkadot nodes, called validators, participate in block production and finalization, securing the Relay Chain and overseeing parachain operations. Parachains communicate through the Cross-Consensus Message Passing (XCMP) protocol, which facilitates cross-chain communication.[13] Parachain slots are allocated through a process called parachain slot auctions, where developers bid using the native cryptocurrency, DOT. Projects that secure a slot can lease it for a specified period, allowing them to connect to the network[14]
Polkadot offers three fundamental properties to parachains: sovereignty, shared security, and interoperability.
Polkadot is designed to enable interoperability among multiple blockchains by integrating them into a unified network. The protocol provides an open-source software development kit called Substrate SDK, allowing developers to build custom blockchains optimized for specific applications.[16] |
- == References ==
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Blockchain Oracles: State-of-the-Art and Research Directions". IEEE Access. 10: 67551–67572. Bibcode:2022IEEEA..1067551E. doi:10.1109/ACCESS.2022.3184726.
- ^ a b c d e f van Haaren-van Duijn, Birgitte; Bonnin Roca, Jaime; Romme, A. Georges L.; Weggeman, Mathieu (September 2023). "The Seven Capital Sins in the Governance of Blockchain Ecosystems" (PDF). IEEE Engineering Management Review. 51 (3): 13–17. doi:10.1109/EMR.2023.3280130.
- ^ "Understanding XCM on Polkadot and How It Enables Cross-Chain Use Cases". Moonbeam. Retrieved 2024-09-11.
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- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". Proceedings of the Fifth International Conference on Blockchain Computing and Applications: 569–576. doi:10.1109/BCCA58897.2023.10338906. Retrieved January 8, 2025.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". Proceedings of the Fifth International Conference on Blockchain Computing and Applications: 569–576. doi:10.1109/BCCA58897.2023.10338906. Retrieved January 8, 2025.
- ^ Morháč, Dušan; Valaštín, Viktor; Košťál, Kristián; Kotuliak, Ivan (2023). "ParaSpell XCM SDK: A New Protocol for Interoperability in Polkadot Paraverse". 2023 Fifth International Conference on Blockchain Computing and Applications (BCCA). pp. 569–576. doi:10.1109/BCCA58897.2023.10338906. ISBN 979-8-3503-3923-9.
- ^ Ezzat, Shahinaz Kamal; Saleh, Yasmine N. M.; Abdel-Hamid, Ayman A. (2022). "Blockchain Oracles: State-of-the-Art and Research Directions". IEEE Access. 10: 67551–67572. Bibcode:2022IEEEA..1067551E. doi:10.1109/ACCESS.2022.3184726.