Remember Polkadot? It’s the multi-chain network that raised $145 million in 2017 and hasn’t been seen since. But unlike many of the blockchain projects from that era, Polkadot hasn’t taken the money and run. Its team, led by Ethereum founder Gavin Wood, has been beavering away at the ambitious task it set itself. Two and a half years on from, Polkadot is finally poised to launch. Can it live up to its promise, or is Polkadot arriving too late?
Also read: Bitcoin Cash Miners Plan $6M Development Fund by Leveraging Block Rewards
Ethereum Prepares to Face Its Final Challenger
Filecoin, Dfinity, and Polkadot are the big three from the ICO era that have yet to ship. Only one of these is gunning for Ethereum’s crown, however. Polkadot aims to solve blockchain’s interoperability problem, as well as the governance problem, the forking problem, and a bunch of other commonly cited problems. Polkadot could easily be lumped in with all the other blockchains professing to magically solve these problems, but it shouldn’t be written off so…