HomeGuidesBox MiningPolkadot Parachain Auction Latest Updates!!!

Polkadot Parachain Auction Latest Updates!!!

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Parachains are an integral component of the Polkadot structure and vision. They are intended to connect to Polkadot by leasing a slot on the Relay Chain for up to 96 weeks with an option to review.

With the parachain auctions underway and Acala winning the first round, the hype around Enjin’s Efinity Network is growing massively. Moonbeam has already secured the second slot just today. If Enjin wins the slot, the Efinity Network’s mainnet will become operational by the end of 2021.

0:00 Introduction
1:11 Polkadot Overview
3:26 What is the auction about?
5:32 Polkadot auction winners
7:22 Auction summary

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I’m not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.

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