Polkadot is a blockchain that enables interoperability, scalability, forkless upgrades, utmost security, and promotes user governance.
Polkadot is the next-generation blockchain protocol that enables other blockchains to use its scalability and security through the Polkadot relay chain via bridges and Parachains.
How do the Polkadot Ecosystem works?
The Polkadot ecosystem comprises of Polkadot relay chain which deals with security and scalability. All the Parachains ( Parachains are the blockchains that can integrate with the Polkadot ecosystem and can connect directly to the Polkadot relay chain) are connected to the Polkadot relay chain to use its security and scalability. Bridges allow other blockchains (excluding Parachains) to connect with the Polkadot relay chain. Currently, Edgeware and Interlay BTC Bridge well-known Bridges.
What to Expect from Polkadot in the Future?
A lot of things are in the store for the future, especially Parachains auction, Polkaswap, and Interoperability to full execution and so on.
