Pendulum Launches Main Network of Polkadot

03/01/2023 11:33 • Daily Digest • 72 views

On March 1, it was reported that Pendulum had launched the main network of Polkadot, marking the first stage of the project’s road map. In its three-stage road map, the subsequent stages will include the launch of Token Transfer Event, Spacewalk Stellar-Polkadot Bridge and forex-AMM 0xAmber. The goal is to complete the whole phase by March.

Pendulum has launched the Polkadot main network and completed the first phase of the road map

Interpretation of the news:

Pendulum, a Swiss-based Blockchain development company, recently announced the launch of the main network of Polkadot. The launch marks the first stage of the project’s three-stage roadmap. The subsequent stages will include the launch of Token Transfer Event, Spacewalk Stellar-Polkadot Bridge, and forex-AMM 0xAmber, with the goal of completing the whole phase by March.

Polkadot is a next-generation Blockchain protocol that enables interoperability between various Blockchains. The Blockchain technology is designed to connect different networks and allow them to communicate and transact with each other seamlessly. The main objective behind the Polkadot project is to create a scalable and interoperable Blockchain ecosystem that can cater to the needs of various industries.

The launch of the main network of Polkadot is a significant milestone for Pendulum, as it paves the way for the subsequent stages of the project’s roadmap. The Token Transfer Event is the next stage, which involves the distribution of DOT tokens to investors. The tokens will serve as fuel for the Polkadot network and will be used to vote on proposals for network upgrades and changes.

The Spacewalk Stellar-Polkadot Bridge is the third stage of the roadmap, which involves the integration of Stellar and Polkadot networks. The integration will enable the transfer of assets and data between the two networks, opening up new possibilities for cross-chain transactions.

The final stage of the roadmap is forex-AMM 0xAmber, which is designed to provide a decentralized platform for algorithmic trading. The platform will enable traders to execute automated trades using sophisticated trading strategies and algorithms. It will also allow traders to deposit, withdraw, and trade assets seamlessly across different networks.

In conclusion, the launch of the main network of Polkadot by Pendulum is a significant development in the Blockchain industry that highlights the potential for interoperability between different networks. The three-stage roadmap of the Polkadot project demonstrates Pendulum’s commitment to creating a scalable and versatile Blockchain ecosystem. The launch of Token Transfer Event, Spacewalk Stellar-Polkadot Bridge, and forex-AMM 0xAmber will further enhance the functionality of Polkadot and usher in a new era of decentralized applications and services.

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Pendulum Launches Main Network of Polkadot

Pendulum has launched the Polkadot main network and completed the first phase of the road map

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