Qredo Network integrates Polkadot

特邀专栏作者

2022-10-11 02:52

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The integration enables Qredo users to trade, transfer and custody Polkadot on the Qredo network with institutional-grade governance and security.

The Qredo team is pleased to announce: The latest blockchain integration: Polkadot, a layer 0 protocol.

Qredo is integrating with Polkadot's coordination chain - the Relay Chain - and supports the native asset DOT.

The integration enables Qredo users to trade, transfer and custody Polkadot (DOT) on the Qredo network with institutional-grade governance and security.

Note: Other assets on Polkadot are not currently supported

"5 years ago, I wasETHLDNFirst time seeing Gavin Wood speak on Polkadot. His vision for ecosystem evolution and a multi-chain universe builds on the real-world expectation that one chain cannot do all the work. I believe this too, and am convinced that cross-chain collaboration is critical. I hope that the move to support Polkadot and DOT in the Qredo framework can be the first of many alliances to support builders in this thriving ecosystem. "

— Ben Whitby, Vice President of Strategic Partnerships

About Polkadot

PolkadotByDr. PolkadotLayer 0 protocol and multi-chain ecosystem founded in 2016. Gavin Wood, Robert Habermeier and Peter Czaban atWeb3 Foundationunder the management.

Polkadot is designed to support a fully decentralized web (known as Web3), featuring a sharded multi-chain design that allows work to be performed more efficiently on specialized layer 1 blockchains called parachains. Polkadot's first batch of multiple parachains onAvailable December 2021。

Qredo Network Integration

Integrating layer 0 and layer 1 chains into the Qredo network aims to solve two of the biggest challenges facing encryption: scalability and interoperability.

Qredo'sLayer 2 SolutionsHelp these blockchains scale by processing transactions away from the underlying chain without compromising security and decentralization.

With each integration, users of this blockchain are able to efficiently store assets on the Qredo network and - from their Qredo wallets - use atomic swaps onOther supported chainsExchange assets seamlessly.