Polkadot is complicated as hell! This 24-tweet thread is a beginner's guide to @Polkadot $DOT and @KusamaNetwork $KSM in simple English.
What is Polkadot? Kusama? Parachains? Crowdloan and Parachain slot auction?
Comment with other questions and share if you learn something โคต๏ธ
Joined February 2018
- The $DOT token has officially changed from being considered a security to being considered SEC-compliant โsoftwareโ in the US.
- Wormhole Wednesday
- Gavin Wood invented the EVM and Solidity programming language. EVM and Solidity are now on most layer-1 chains. Gavin stopped working on the EVM & Solidity, and went on to invent @Polkadot and @substrate_io, enabling a universe of customized, connected layer-1s. It's coming.
- Parachain slot auctions & Crowdloans on @Polkadot! This 23-tweet thread simplifies and explains how they work. What is a crowdloan? How do I participate? How do parachain auctions work? Comment your questions & please share if you learn something. Let's go โคต๏ธ
- Chapter 1: Bitcoin Chapter 2: Ethereum Chapter 3: Polkadot Congrats @gavofyork @rphmeier @joepetrowski @shawntabrizi, @paritytech engineers, @Web3foundation researchers, and everyone working for the 5+ years to make @Polkadot a reality. Chapter 3 starts today.
- Acala is now launching, on @Polkadot, the first layer-1 blockchain platform customized for DeFi. Here are 10 facts you should know about @AcalaNetwork:




