The crypto space is becoming more and more interoperable, developers in search of great adoption and success will need to embrace this trend. Amongst the ruling blockchains, Polkadot and its unique approach to governance and interoperability are quickly becoming the hub for the projects that could usher the future of the industry.
Unlike Ethereum, Cardano, and other blockchains, Polkadot leverages a distinctive mechanism that lets the community choose the projects that will occupy limited slots on the network. To participate in the auctions, projects need to gather enough funds.
Once the process is completed, winning projects will be deployed via parachains, independent networks that power the protocols. This process has already unleashed a fearful competition with many projects, such as Moonbeam, Bifrost, Astar Network, and