Polkadot to debut parachain auctions after governance vote By Cointelegraph
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(DOT) has laid out a schedule to debut parachain auctions on Nov. 11 following unanimous approval from the blockchain’s on-chain governance council members. This news is a significant achievement, as it fulfils the last core technical element in the whitepaper that was published five years back.
Parachains, which are unique layer-1 blockchain platforms, operate laterally along with the Polkadot Network and can also be tethered directly to the Polkadot Relay Chain. They serve a purpose. Witnessed in many areasFrom decentralized finance to intelligent contracts
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