The score reflects the overall worthiness of the blockchain's ecosystem, as determined by regular monitoring and collective reviewing of the ecosystem.
Hubble explorer is currently working but it will not accessible in fourth quarter of 2022
Official invitation link has expired.
717 validators are waiting.
Channel is currently muted.
Hubble block explorer is down.
Ecosystem score decrease due to decrease in documentation score.
Add-ons score is increased due to the introduction of DAO.
Third-party services score increased as Chainlink integrated with Moonbeam.
Documentation score decreased due to no official skeleton code.
Foundation score increases due to introduction of GO and C++ implementation.
The score depicts the network's performance rating based on metrics like avg TPS, nodes, gas fees, and uptime.
|PERFORMANCE MATRIX||VALUE||MONITORED AT|
|Gas Fee||15 mroc|
|Read Speed||1,234 ms|
|Write Speed||6,766 ms|
|Node Count||297 nodes|
|Reddit Total Members Online||565 members|
|Reddit Total Members||80,000 members|
|Discord Total Subscribers Online||3,129 subscribers|
|Discord Total Subscribers||23,997 subscribers|
|Telegram Err||31 err|
|Telegram Ppm||4 ppm|
|Telegram Views Per Post||515 views|
|Telegram Total Subscribers Online||1,451 subscribers|
|Telegram Total Subscribers||32,483 subscribers|
The score represents the development support the protocol offers to developers in terms of tools and resources.
he score is derived by considering the documentation support offered by the protocol to help developers better understand the protocol's ecosystem.
The score reflects the protocol's progressiveness in allocating funds to support the developers who are building on top of the blockchain.
The score reflects how equipped is the protocol's ecosystem with add-on tools like code editors, IDEs and security
THIRD PARTY SERVICES
THIRD PARTY SERVICES
The score reflects the protocol's ability to provide third-party services such as Oracle integration, API management, and cloud services.
THIRD PARTY SERVICES
It reflects how well the protocol's support system works in terms of communication tools, DAO rating, development community size, and stack exchange, among other things.
It indicates how widely the protocol has been adopted in the industry, taking into account aspects such as the
number of developers that are using it and the number of transactional values.
The score depicts the protocol's overall responsiveness toward its members in online communities like Discord,
Telegram, Slack, Linkedin, etc.
Polkadot is a blockchain platform built to enable a completely decentralized web where users are in control. Polkadot connects independent blockchain networks, private and consortium chains, public and permissionless networks and oracles, enabling them to exchange information and transactions in a trustless way.
The Polkadot ecosystem has interoperability at its core, and it provides a development tool for the easier development of interoperable decentralized applications, services, and institutions.
Polkadot is the first fully-sharded blockchain that enables the creation of the internet in which independent blockchains can exchange information while sharing common security guarantees. A Swiss Foundation named Web3 Foundation funds the development of the Polkadot ecosystem.
The Polkadot ecosystem is a network of parachains and parathreads connected to the relay chain in the Polkadot ecosystem. Bridges connect parachains to external networks, and the relay chain ensures the network's overall security.
Relay Chain is the layer 0 blockchains of the Polkadot network, in charge of shared security, cross-chain interoperability, and consensus.
Parachains are the heterogeneous layer 1 blockchains that run parallel to Polkadot. Parachains can have their own tokens, functions, and use cases. Parachains need to acquire a slot on Polkadot through auctions.
Parathreads are similar to parachains, but these chains do not require constant network connectivity and thus operate on a pay-as-you-go basis.
Bridges allow parathreads and parachains to interact with external networks like Bitcoin and Ethereum.
The Polkadot network has a hybrid consensus model, and it achieves consensus through a complicated process that employs two distinct but complementary consensus algorithms:
GRANDPA (GHOST-based Recursive Ancestor Deriving Prefix Agreement), which provides the network with the advantage of probabilistic finality, i.e., the ability to generate new blocks continuously and accurately.
BABE (Blind Assignment for Blockchain Extension), which provides the network with the advantage of provable finality, uses a universal agreement with no chance of reversion.
Polkadot facilities cross-chain transfers of any type of data or assets, unlike some blockchains that allow the transfer of only tokens.
Using a shared set of validators, Polkadot allows for the smooth distribution of transactions across multiple parallel blockchains and enables transactional scalability.
Easy to innovate
Substrate-built blockchains are inherently compatible with Polkadot, and it only takes a few minutes to connect a substrate chain with Polkadot for complete interoperability and security.
Polkadot is a future-ready protocol that does not require any forks to upgrade itself to keep up with emerging technologies.
Polkadot allows independent chains to interact with one another while maintaining their independence in governance. However, their security becomes more cohesive, which improves the overall security of the chains.
DAO network governance
Over the Polkadot network, every stakeholder has a say. Any network upgrades are coordinated on-chain and carried out autonomously.
Dr. Gavin Wood
Gavin began originating blockchain technology as co-founder and CTO of Ethereum. He invented fundamental components of the blockchain industry, including Solidity, Proof-of-Authority consensus, and Whisper. At Parity, Gavin currently leads innovation on Substrate and Polkadot. He coined the term Web 3.0 in 2014 and currently serves as President of the Web3 Foundation.
Robert Habermeier is a blockchain researcher and developer with experience in distributed systems and cryptography. He is a Rust community member who focuses on leveraging the language's features to create highly parallel and performant solutions.
Masters in Engineering Science from the University of Oxford, Peter has worked on mesh networks, machine learning, distributed knowledge bases, quantitative pricing models, and business development across the defense, finance, and data analytics industries. Currently, he is serving as Web3 Foundation's Technology Director, where he supports the development of the next generation of distributed technologies.
Popular use cases
Acala is a decentralized finance network and liquidity hub for Polkadot. It is a Layer-1 parachain smart contract platform that is highly scalable, Ethereum compatible, and DeFi optimized.
Moonbeam (GLMR) is a Polkadot-based Ethereum-compatible smart contract parachain.
Clover Finance (CLV) is a Polkadot-based parachain that aims to provide an intuitive blockchain infrastructure to reduce efforts and costs for decentralized finance developers.
Enfinity (EFI) is a Polkadot parachain that aims to be the next-generation blockchain for NFTs by charging low fees and rewarding ENJ holders.