๐—›๐—ฒ๐—ฟ๐—ฒ ๐—ถ๐˜€ ๐— ๐—ฎ๐—ฟ๐—ด๐—ผ๐˜ ๐—ฅ๐—ผ๐—ฏ๐—ฏ๐—ถ๐—ฒ, ๐˜๐—ผ ๐—ฏ๐—ฟ๐—ฒ๐—ฎ๐—ธ ๐—ฑ๐—ผ๐˜„๐—ป ๐—ฃ๐—ผ๐—น๐—ธ๐—ฎ๐—ฑ๐—ผ๐˜ ๐Ÿฎ.๐Ÿฌ ๐—ณ๐—ผ๐—ฟ ๐˜†๐—ผ๐˜‚ โ€“ ๐—ฏ๐˜‚๐˜ ๐˜„๐—ถ๐˜๐—ต ๐—ฝ๐—ฎ๐—ป๐—ฐ๐—ฎ๐—ธ๐—ฒ๐˜€.

Right now, Polkadot's like a big kitchen that only makes pancakes but only sells them as huge batches.

Thatโ€™s great for some who donโ€™t 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.

๐—ช๐—ฒ'๐—ฟ๐—ฒ ๐˜๐—ฎ๐—น๐—ธ๐—ถ๐—ป๐—ด ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ ๐—ฎ ๐—บ๐—ถ๐—ป๐˜‚๐˜๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ผ๐—ฟ๐—ฑ๐—ฒ๐—ฟ (๐—ณ๐—ฎ๐˜€๐˜ ๐—ณ๐—ถ๐—ป๐—ฎ๐—น๐—ถ๐˜๐˜†), ๐—ฎ๐—ป๐—ฑ ๐˜„๐—ถ๐˜๐—ต ๐—ฎ ๐—ต๐˜‚๐—ด๐—ฒ ๐˜€๐—ฒ๐—ฐ๐˜‚๐—ฟ๐—ถ๐˜๐˜† ( ~$๐Ÿฏ.๐Ÿฏ๐—• ๐˜€๐˜๐—ฎ๐—ธ๐—ฒ๐—ฑ ๐——๐—ข๐—ง) ๐—ฏ๐—ฎ๐—ฐ๐—ธ๐—ถ๐—ป๐—ด ๐—ถ๐˜ ๐˜‚๐—ฝ, 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. Thatโ€™s the first novel utility for NFTs.

๐—”๐˜๐—ผ๐—บ๐—ถ๐—ฐ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ผ๐˜€๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜†?

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?

๐—ซ๐—–๐—  : This is like having a ๐˜‚๐—ป๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ฎ๐—น ๐—น๐—ฎ๐—ป๐—ด๐˜‚๐—ฎ๐—ด๐—ฒ 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.

๐—”๐—ฐ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐˜€: 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.

๐—”๐—ฐ๐—ฐ๐—ผ๐—ฟ๐—ฑ ๐—ฆ๐—ฝ๐—ฎ๐—ฐ๐—ฒ: 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.

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GokuPost author

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.

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As a filmmaker in real life with a background in computer science, here I am, primarily conducting research in this... Show More