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Parachains News

News about Parachains

A parachain is a parallel chain that attaches to the main network of a blockchain, operating independently of it, but taking advantage of its multiple benefits.

The main network is known as Relay Chain. Among the main benefits it confers to parachains are decentralization, security and scalability.

Polkadot’s blockchain is the pioneer in the use of this type of technology. And it has already developed an important network of parachains that have put it at the forefront of the market.

Crust Network parachain Kusama

Crust Network to Become the 21st Kusama Parachain After Wining the 19th Parachain Auction

Crust Network, a Web3.0 decentralized storage network for Metaverse, will be connected with Kusama Network as the 21st parachain as it has won the 19th parachain auction.
Parallel Finances Polkadot

Parallel Finance Secures the Fourth Parachain Slot on Polkadot

Parallel Finance has secured the fourth parachain on Polkadot after winning the fourth parachain auction.
Encointer to Become a Common Good Parachain on Kusama, what it is?

Encointer to Become a Common Good Parachain on Kusama, what it is?

Encointer, a Substrate-based project focused on digital identity and an idea called universal basic income (UBI), is going to be a common good parachain on Polkadot’s canary network Kusama.
Kusama parachain auction

Kusama Parachain Auctions: DeFi Protocol Genshiro Wins the 15th Auction

Kusama parachain auctions are running smoothly, and the team has announced the conclusion of the 15th auction with DeFi conglomerate Equilibrium’s sister network Genshiro as the winner.

Acala Secures the First Polkadot Parachain Slot After Winning the 1st Auction

The first Polkadot parachain auction has ended, and Acala, the DeFi hub of Polkadot, has secured the first parachain slot on Polkadot’s Relay Chain.

Composable Finance’s Canary Network Picasso Will be the 13th Kusama Parachain

Composable Finance’s canary network Picasso will now be onboarded as Kusama’s 13th parachain at the start of the next lease period as it has won the 12th parachain auction.

Kusama: Third-Batch for 24 Parachains Has Commenced

Kusama parachain auctions for the third batch of 24 parachains has commenced on Monday, October 25, after two days of delay.
Kusama parachain auction

The Next Phase Kusama Parachain Auctions to Begin on October 23

Polkadot and its canary network Kusama is now moving forward quickly to unleash its full potential as the next phase of 48 Kusama parachain...

Much-Awaited Polkadot Parachain Auctions to Begin on November 11, 2021

After Kusama, the main Polkadot chain is now all set to host the first parachain on its Relay Chain as the team has announced that the much-awaited Polkadot parachain auctions would begin on November 11, 2021.

Altair Network Has Joined the Kusama Network as 10th Parachain

Altair Network has joined the Kusama Network as the 10th parachain as it was announced the winner of 9th parachain slot auction.

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