Web3 Foundation Funds Technical Bridge Connecting Polkadot to Bitcoin
Web3 has awarded grants to more than 100 projects building on Polkadot.
Polkadot has released its first testnet, Rococo, for its parachain network. The testnet will commence with three parachains, Parity Technologies said.
It's only a proof-of-concept at this point, but there's now a model for locking BTC on the Bitcoin blockchain and minting PolkaBTC on Polkadot.
Swisscom Blockchain has been awarded a grant from the Web3 Foundation to build a cloud-based protection layer for the Polkadot network.
Polkadot is now live, following the launch of its first “chain candidate” (CC1).
A virtual conference is being organized by a bevy of base-layer protocols – the Web3 Foundation, Near, Cosmos, Tezos, Protocol Labs and Polkadot.