Polkadot Releases Rococo, Its Test Environment for Interoperable 'Parachains'
Polkadot has released its first testnet, Rococo, for its parachain network. The testnet will commence with three parachains, Parity Technologies said.
Parity Technologies' Polkadot has launched a testnet, Rococo, of the protocol’s first parachain specification, according to a blog Thursday. Parachains underlie Parity Tech’s vision of a "protocol for protocols."
- Rococo allows developers to “register” a Substrate-based blockchain as part of Polkadot’s grander parachain network.
- Substrate is a blockchain building kit for other networks to interoperate as a Polkadot parachain.
- Rococo is the first test of inter-blockchain communication through its Relay Chain logic.
- Rococo launched as a Proof-of-Authority (PoA) network under the governance of Parity Technologies. The testnet will begin with three parachains, the firm said.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.