Cardano, Polkadot Jump as Bitcoin Holds Above $50K

by Cryptospacey

Parachains are distinct blockchains that run atop the main Polkadot blockchain. Polkadot, however, has a limited number of slots that can support such parachains, meaning winning slots are subject to a community-run auction that uses DOT to vote for slots, leading to increased demand for the cryptocurrency.

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