๐๐ฒ๐ฟ๐ฒ ๐ถ๐ ๐ ๐ฎ๐ฟ๐ด๐ผ๐ ๐ฅ๐ผ๐ฏ๐ฏ๐ถ๐ฒ, ๐๐ผ ๐ฏ๐ฟ๐ฒ๐ฎ๐ธ ๐ฑ๐ผ๐๐ป ๐ฃ๐ผ๐น๐ธ๐ฎ๐ฑ๐ผ๐ ๐ฎ.๐ฌ ๐ณ๐ผ๐ฟ ๐๐ผ๐ โ ๐ฏ๐๐ ๐๐ถ๐๐ต ๐ฝ๐ฎ๐ป๐ฐ๐ฎ๐ธ๐ฒ๐.
Right now, Polkadot's like a big kitchen that only makes pancakes but only sells them as huge batches.
Thatโs great for some who donโt want to worry about being hungry later on, but what if you don't need 10,000 pancakes at once?
Polkadot 2.0 is like this kitchen starting to offer not just giant batches, but also single pancakes, or even just the ingredients โ eggs, flour, milk.
Now, builders can make just what they need, be it one pancake or a smaller batch. And it gets better. Polkadot 2.0's kitchen is expanding its menu.
Not just pancakes anymore, but also crepes, cakes, pasta, even souffles. It's about giving chefs (builders) the flexibility to cook up whatever they fancy.
This kitchen is top-notch, Michelin-star quality.
๐ช๐ฒ'๐ฟ๐ฒ ๐๐ฎ๐น๐ธ๐ถ๐ป๐ด ๐ฎ๐ฏ๐ผ๐๐ ๐๐ป๐ฑ๐ฒ๐ฟ ๐ฎ ๐บ๐ถ๐ป๐๐๐ฒ ๐ณ๐ผ๐ฟ ๐๐ผ๐๐ฟ ๐ผ๐ฟ๐ฑ๐ฒ๐ฟ (๐ณ๐ฎ๐๐ ๐ณ๐ถ๐ป๐ฎ๐น๐ถ๐๐), ๐ฎ๐ป๐ฑ ๐๐ถ๐๐ต ๐ฎ ๐ต๐๐ด๐ฒ ๐๐ฒ๐ฐ๐๐ฟ๐ถ๐๐ ( ~$๐ฏ.๐ฏ๐ ๐๐๐ฎ๐ธ๐ฒ๐ฑ ๐๐ข๐ง) ๐ฏ๐ฎ๐ฐ๐ธ๐ถ๐ป๐ด ๐ถ๐ ๐๐ฝ, you know you're getting the best.
And imagine a marketplace where you can trade these ingredients โ eggs, flour, whatever โ with other chefs, based on what you need to boost your recipes.
All of these traded as NFTs. Thatโs the first novel utility for NFTs.
๐๐๐ผ๐บ๐ถ๐ฐ ๐ฐ๐ผ๐บ๐ฝ๐ผ๐๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ ๐ฎ๐ป๐ฑ ๐ถ๐ป๐๐ฒ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐ฎ๐ฏ๐ถ๐น๐ถ๐๐?
Now imagine you're at a huge international food market/Polkadot ecosystem with various food stalls (parachains).
And, you want to make the perfect breakfast, which involves getting ingredients from different stalls.
How do you make sure this process is smooth, efficient, and trustworthy?
๐ซ๐๐ : This is like having a ๐๐ป๐ถ๐๐ฒ๐ฟ๐๐ฎ๐น ๐น๐ฎ๐ป๐ด๐๐ฎ๐ด๐ฒ or a set of hand signals that everyone in the market understands. You can point, gesture, or speak in this language to tell a vendor what you want. It's great because it helps you communicate your intentions, like "I want eggs" or "I need flour."
The catch?
Just because you've communicated clearly, there's no absolute guarantee the vendor will give you exactly what you asked for. Still there is a trust. Same happens within Cosmos with IBC.
๐๐ฐ๐ฐ๐ผ๐ฟ๐ฑ๐: Now, imagine some of these food stalls sign a special agreement (an Accord). They agree to always provide certain ingredients or services in a specific way, no matter what. It's like a binding contract. So, if you go to a stall that's part of this
Accord and use your universal language, you can be much more confident you'll get exactly what you asked for. These stalls are held to a higher standard and can't just change their minds or rules on a whim.
๐๐ฐ๐ฐ๐ผ๐ฟ๐ฑ ๐ฆ๐ฝ๐ฎ๐ฐ๐ฒ: Picture these Accord stalls having an extra layer of oversight, almost like they're part of an exclusive club that ensures they stick to their promises. It's like having embassies from different countries in your city.
Each embassy follows the laws of its home country but exists physically in your local space. In the food market, this means certain stalls (chains) can offer unique, reliable services or ingredients that aren't typically part of their usual offerings. With that DEXs is going to operate seamlessly across multiple chains.
With Accords, you could use this DEX locally on any chain without the hassle of setting up complex, bi-directional channels. So, you can enjoy your favorite food stall that can magically appear in multiple markets at once, offering you the same great service wherever you are.
In short, Polkadot 2.0 isn't just upgrading the kitchen; it's changing the whole cooking experience for the crypto space. Turning a bustling, chaotic market into a well-oiled machine, where every stall understands you, and you can trust them to deliver exactly what you need.
And the best part? You can mix and match these ingredients to create the perfect breakfast, just the way Margot Robbie likes it.
Coming from a background of Computer Science and Cinematography, I've found my niche in this space, blending technical know-how with storytelling.
Much as films tell stories, blockchains craft their own narratives, complete with innovation, culture, believers and emotions.
In this space, I connect the dots, bridging the gap between technology and story, making it relatable for everyone.
As a filmmaker in real life with a background in computer science, here I am, primarily conducting research in this wild wild space.
Often agnostic in my interests and inquiries, I regularly delve into cross-research, exploring both past and future narratives, trends, and developments in the broader blockchain space.
And in this particular space, I try to connect the dots, bridging the gap between technology and story, making it relatable and digestable for all.
0 comments