Ready Layer One: Base Layer Protocols Team for Virtual Developer Event
A virtual conference is being organized by a bevy of base-layer protocols – the Web3 Foundation, Near, Cosmos, Tezos, Protocol Labs and Polkadot.
Polkadot is now live, following the launch of its first “chain candidate” (CC1).
Gavin Wood, an original co-founder of Ethereum, took a few good swipes at the second-largest cryptocurrency he helped create at Consensus: Distributed.
It's only a proof-of-concept at this point, but there's now a model for locking BTC on the Bitcoin blockchain and minting PolkaBTC on Polkadot.
Polkadot founder Gavin Wood outlined the “five or six” steps the network will be taking as it moves to a full launch, some four years after first being conceived, during his Ready Layer One presentation.
Coinbase Custody is partnering with Bison Trails to add staking support for Polkadot’s native DOT tokens in anticipation of the network’s mainnet launch.