Polkadot moves towards sharding as Acala Network secures first Rococo parachain slot : defi

Polkadot moves towards sharding as Acala Network secures first Rococo parachain slot : defi


tldr; Polkadot’s DeFi platform Acala has won the first parachain slot on the Rococo testnet. Polkadot launched Rococo as a parachain testnet in August 2020 to test inter-shard communication protocols before projects progress to deploying on the mainnet. Acala was launched in January 2020, with the DeFi consortium striving to create a cross-chain open finance infrastructure.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.



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