Day: March 2, 2024

Polkadot, conceptualized by Ethereum co-founder Gavin Wood, addresses blockchain scalability, interoperability, and governance. Its relay chain facilitates seamless inter-chain transactions and provides shared security. Despite technical and regulatory hurdles, the mainnet launch in 2020 marked a milestone, setting a precedent for a decentralized, adaptable network with active governance and a growing community.

Uniswap revolutionizes DeFi with automated liquidity protocols, incentivizing participation via trading fees and governance tokens, while smart contracts facilitate secure ERC-20 trading, and innovations like V3 improve efficiency and reduce impermanent loss, pushing DEX advancements.