Welcome to the resource topic for 2020/641
Title:
Overview of Polkadot and its Design Considerations
Authors: Jeff Burdges, Alfonso Cevallos, Peter Czaban, Rob Habermeier, Syed Hosseini, Fabio Lama, Handan Kilinc Alper, Ximin Luo, Fatemeh Shirazi, Alistair Stewart, Gavin Wood
Abstract:In this paper we describe the design components of the heterogenous multi-chain protocol Polkadot and explain how these components help Polkadot address some of the existing shortcomings of blockchain technologies. At present, a vast number of blockchain projects have been introduced and employed with various features that are not necessarily designed to work with each other. This makes it difficult for users to utilise a large number of applications on different blockchain projects. Moreover, with the increase in number of projects the security that each one is providing individually becomes weaker. Polkadot aims to provide a scalable and interoperable framework for multiple chains with pooled security that is achieved by the collection of components described in this paper.
ePrint: https://eprint.iacr.org/2020/641
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