Polkadot’s Launch Could Begin DeFi Reinvention

Ethereum Co-founder Gavin Wood’s attempt to knock his creation off its pedestal as the blockchain on which almost all DeFi, non-fungible tokens (NFTs) and many other decentralized applications run launched this weekend.

Five Polkadot “parachains” went live on Saturday (Dec. 18), the first of 100 that will call the “blockchain of blockchains” home. Parachains are essentially full blockchains with a couple of differences: They can talk to each other, and they are far faster and…


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