what is a parachain

A parachain, short for “parallelizable chain,” is a concept in blockchain technology that refers to a specialized blockchain network that operates in parallel to a main blockchain called the relay chain. This concept was introduced by the Polkadot network, although similar ideas have been...

Polkadot is a multi-chain blockchain platform that utilizes its own unique blockchain protocol called the Polkadot Network. It is not built on an existing blockchain like Ethereum or Bitcoin. Polkadot’s blockchain architecture is designed to enable interoperability between different blockchains...