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Notícias

Integration of Move VM with Substrate

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DOT Lover

In an impressive leap forward for blockchain technology, the integration of the Move Virtual Machine (Move VM) with Substrate-based blockchains has been successfully accomplished by Eiger Co. This landmark achievement paves the way for a new level of interoperability and functionality within the Polkadot ecosystem, enabling developers to leverage the robust capabilities of the Move programming language while building on Substrate networks. This article delves into the significance of this integration, the technical intricacies involved, and the broader implications for the blockchain community.

Background of Move and Substrate

Move is a highly secure and verified programming language, originally developed by Diem (formerly known as Facebook’s Libra) and has gained traction with blockchains like Sui and Aptos. It was designed as a platform-agnostic language, emphasizing security and formal verification to ensure robust smart contract execution.

Substrate, on the other hand, is a modular framework that enables the creation of purpose-built blockchains. As the underlying framework for Polkadot, Substrate provides developers with the tools to create custom blockchains with interoperability at their core. The integration of Move VM into Substrate signifies a convergence of these two powerful technologies.

Achieving Compatibility: The Technical Journey

The process of integrating Move VM with Substrate involved several technical milestones. The team at Eiger Co. adapted the existing Diem-based Move VM to achieve full compatibility within the Substrate runtime. This adaptation was not merely a straightforward port but required substantial modification and optimization to ensure seamless operation within the Substrate environment.

MoveVM Adaptation: The original Move VM was forked and adapted to be fully compatible with Substrate. Key steps included:

  • Backend Interface: Providing a simplified Move VM backend interface with full no-std support, encapsulating all Move VM handling operations.
  • Storage and Address Mapping: Establishing a direct mapping between the 32-byte address space in Move VM storage and Substrate accounts.
  • Move Smart Contract Compiler: Setting up a dedicated compiler and package tool capable of supporting SS58 accounts, essential for preparing Move smart contracts for execution within the Substrate runtime.

Pallet Move Design: The Move pallet is central to this integration, allowing the publishing and execution of Move modules and scripts. Three critical extrinsic calls were defined:

  • execute(origin, transaction_bc, gas_limit, cheque_limit): Facilitates the execution of Move scripts, supporting multiple signers.
  • publish_module(origin, bytecode, gas_limit): Enables the publishing of individual Move modules.
  • publish_module_bundle(origin, bundle, gas_limit): Allows the publishing of bundled Move modules.

These calls are designed to integrate seamlessly with the Substrate runtime, translating signed origins into authorized Move account access and managing the execution parameters.

Gas Costs and Benchmarking

A significant aspect of the integration was establishing a balanced gas cost system. The Move VM calculates gas costs for each instruction, which are then converted to Substrate weights, translating into blockchain fees. This linear relationship between Move VM gas and Substrate weights ensures transparent and predictable cost management for developers and users.

Eiger Co. conducted extensive benchmarking to fine-tune this relationship. By using parameterized Substrate benchmark functions and Move example code, they achieved an almost perfectly linear correlation between gas costs and Substrate weights. This precision allows for accurate gas estimation and cost management, further enhancing the usability of Move on Substrate-based networks.

Implications for the Blockchain Ecosystem

The integration of Move VM with Substrate unlocks a plethora of opportunities for developers and the broader blockchain ecosystem. Key benefits include:

  • Enhanced Interoperability: Developers can now create Move-based smart contracts that operate seamlessly within the Polkadot ecosystem, facilitating cross-chain interactions and broadening the scope of decentralized applications (dApps).
  • Security and Verification: Move’s emphasis on security and formal verification aligns with the high standards of the Substrate framework, ensuring robust and reliable smart contract execution.
  • Developer Flexibility: The ability to leverage Move’s capabilities within Substrate provides developers with greater flexibility in choosing the best tools for their specific needs, fostering innovation and diversity in blockchain solutions.

Conclusion

Eiger Co.’s successful integration of Move VM with Substrate marks a significant milestone for the Polkadot ecosystem and the blockchain community at large. By bridging these two powerful technologies, developers are empowered to create more secure, interoperable, and innovative applications. Comprehensive documentation and tutorials provided by Eiger Co. ensure that developers can quickly adopt and maximize the potential of this integration. As the blockchain landscape continues to evolve, such advancements are crucial in driving forward the capabilities and adoption of decentralized technologies.

For more detailed information and to stay updated on future developments, visit the project repositories:

Additionally, Eiger Co. encourages the community to reach out them with any questions or feedback. This integration is not just a technical achievement but a testament to the collaborative spirit and innovative drive that defines the blockchain industry. More info about the Pallet Move in the Eiger Co. website.

Introducing Polkadot Plaza: The Future of Polkadot

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DOT Lover

Polkadot has continuously pushed the boundaries of scalability and functionality. A recent proposal by Robert Habermeier, a key figure in the Polkadot ecosystem, introduces a transformative vision for a new system chain, codenamed “Polkadot Plaza.” This concept aims to consolidate various functionalities into a single, highly scalable chain that could serve as a central hub for users, developers, liquidity, and applications within the Polkadot ecosystem.

The Vision Behind Polkadot Plaza

Polkadot Plaza is designed to be an evolution of the existing Polkadot AssetHub chain. Currently, the ecosystem splits functionalities—such as asset issuance, smart contracts, staking, and bridging—across different chains. This fragmentation has led to increased complexity for users and developers alike. Habermeier’s proposal suggests that by consolidating these features into a single system chain, Polkadot can create a more user-friendly and developer-centric environment, maximizing the use of the network’s resources.

Key Features of Polkadot Plaza

Habermeier outlines several core functionalities that Polkadot Plaza would integrate:

  1. Asset Issuance: Building on the existing capabilities of AssetHub, Plaza would continue to support asset issuance, maintaining the momentum of current integrations.
  2. Smart Contracts (via RISC-V/PolkaVM): The proposal includes support for both Rust-based smart contracts (via Ink!) and EVM-compatible contracts, enabling developers to use familiar tools within the Polkadot ecosystem. This would significantly lower the barriers to entry for deploying smart contracts on Polkadot.
  3. Staking: While staking currently occurs on the Relay Chain, Polkadot Plaza would introduce native staking capabilities, enhancing security and decentralization.
  4. Bridging Pallets: Plaza would integrate bridging pallets, currently managed by BridgeHub, facilitating seamless interoperability between Polkadot and other blockchain networks.
  5. Near-Zero Fees: To remain competitive, Polkadot Plaza aims to minimize transaction fees, especially during the initial phases, until scaling limits are reached.

Polkadot Plaza Addressing Fragmentation and Complexity

One of the primary challenges in the current Polkadot ecosystem is the complexity associated with interacting across multiple chains. Users must manage assets, accounts, and states across different platforms, while developers face significant overhead in building, maintaining, and integrating chains. Polkadot Plaza seeks to simplify these processes by offering a unified platform where most interactions can occur, reducing the need for coordination across disparate chains.

This approach contrasts with the current trend of asynchronous composability, where functionalities are spread across various chains. While this model may be necessary once scaling limits are reached, Habermeier argues that a more strategic focus on usability is required in the interim. By concentrating resources on a synchronous, composable system chain, Polkadot can better serve its growing user base and developer community.

Leveraging Elastic Scaling for Massive Throughput

With the advent of Elastic Scaling, Polkadot will soon be able to process a large number of transactions in parallel across multiple cores. Polkadot Plaza is poised to take full advantage of this capability, potentially scaling to thousands of transactions per second (TPS) in the short term and much higher volumes over time. This scalability would allow Polkadot to accommodate tens of millions of daily users, making it a formidable competitor to other blockchain platforms.

Value Accrual and the Future of DOT

Another significant aspect of the Polkadot Plaza proposal is the potential for value accrual to the DOT token. Habermeier suggests implementing a priority fee mechanism, where users can pay for transaction ordering priority. This approach could capture value even in a system where the average transaction fee is near zero. The revenue generated from these priority fees could be used to burn DOT tokens, potentially increasing their value over time.

The Path Forward for Polkadot Plaza

Habermeier’s proposal is the first step towards formalizing Polkadot Plaza as a central component of the Polkadot ecosystem. The next steps will involve several referendums within Polkadot’s governance framework to approve and implement the necessary changes. These include renaming AssetHub to reflect its broader purpose, scaling Plaza using Polkadot cores, and integrating additional features like smart contracts and priority fees.

Additionally, the proposal envisions making Polkadot Plaza a focal point for marketing, developer relations, and educational programs within the ecosystem. By doing so, Polkadot can create a thriving environment that attracts new users and developers, fostering innovation and growth.

Conclusion

Polkadot Plaza represents a bold and strategic vision for the future of the Polkadot ecosystem. By consolidating key functionalities into a single, scalable system chain, Polkadot can streamline user and developer experiences, enhance security and decentralization, and position itself as a leader in the blockchain space. As the community discusses and refines this proposal, Polkadot Plaza could become the central hub from which the entire ecosystem grows and evolves, laying the groundwork for the next era of blockchain innovation.

Polkadot Mobile App for Blockchain Mass Adoption

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DOT Lover

One of the most pressing challenges of Polkadot technology is making it accessible and user-friendly for the general public. The Polkadot ecosystem has taken a significant step forward in addressing this challenge with the introduction of its new mobile app. This app is designed to provide a seamless and intuitive experience, bringing the benefits of blockchain to everyday users without the complexity traditionally associated with the technology.

Polkadot App Focus on Usability and Simplicity

The primary objective of the Polkadot app is to make blockchain technology accessible to the average user. The app features a user-friendly interface that eliminates many of the traditional barriers to entry associated with blockchain. Unlike many Web3 wallets that require users to manage complex seed phrases and navigate technical jargon, the Polkadot app offers a streamlined experience.

For instance, users are not immediately confronted with the need to input a seed phrase or manage a username and password upon setting up the app. Instead, the app is designed to “just work,” allowing users to engage with blockchain features without being overwhelmed by the technical aspects. The traditional elements, such as seed phrases, are still available but are tucked away for those who wish to access them, preserving both simplicity and security.

Polkadot App for Everyday Transactions

One of the standout features of the Polkadot app is its built-in wallet, which enables users to pay for items in stores, transfer funds to one another, and manage their digital assets with ease. The app supports a simple username system, making it easy for users to send and receive funds without needing to remember complex wallet addresses. This feature is particularly useful for those unfamiliar with blockchain, allowing them to engage with the technology in a manner similar to more traditional payment methods.

In addition, the app is designed to support microtransactions and peer-to-peer payments with minimal fees, leveraging Polkadot’s Asset Hub. This makes the app particularly attractive in regions where stablecoins might be preferred over local currencies, offering a cost-effective way to transfer value.

Key Features of the New Polkadot App

  1. User-Centric Design: The Polkadot app is crafted with simplicity at its core. It eliminates the need for users to manage complex seed phrases, passwords, or long wallet addresses. Instead, it leverages modern cloud solutions, such as Apple and Google Cloud, to back up credentials securely. This ensures that users can easily recover their accounts without compromising on security.
  2. Streamlined Onboarding: Onboarding new users into the Polkadot ecosystem has never been easier. The app allows users to register using simple, readable usernames. This eliminates the confusion of dealing with long, complex wallet addresses, making it easier for users to send and receive assets like DOT, USDT, and USDC.
  3. Seamless Payments: One of the most innovative features of the Polkadot app is its ability to facilitate payments in a simple and user-friendly manner. Users can make payments at over a million stores and websites across the United States, with plans to expand to more than 33 countries and add over 2,000 brands by the end of the year. This makes the Polkadot app one of the most versatile blockchain payment solutions available.
  4. Cashback Incentives: To encourage adoption and usage, the Polkadot app offers up to 20% cashback in DOT on every purchase. This cashback is funded by the brands users shop at, making it a compelling incentive for users to utilize the app for their everyday purchases.
  5. One-Click Staking: Staking is an integral part of the Polkadot ecosystem, and the new app makes it easier than ever. Users can stake their DOT tokens with just one click, allowing them to earn staking rewards effortlessly. This feature is designed to be accessible to even those who are new to blockchain technology.
  6. Shareable Payment Links: The Polkadot app also introduces a feature that allows users to send payment links via text, WhatsApp, or email. This is particularly useful in scenarios where the recipient does not have the app installed yet. With a single click, the recipient can claim the tokens, making the payment process frictionless.
  7. Collaborative Development: The Polkadot app is a result of a collaborative effort between several key players in the ecosystem. Parity Technologies led the design and concept, while the development was handled by the team at NovaSama. The payment functionality is powered by Rays, a company specializing in innovative payment solutions. This collaboration ensures that the app is robust, secure, and aligned with the needs of the Polkadot community.
  8. Ownership by the Community: In a true testament to the decentralized nature of the Polkadot ecosystem, the new app will be collectively owned by Polkadot token holders. This is made possible through the newly established Polkadot Community Foundation, which is legally controlled by DOT holders. This structure ensures that the community has a say in the future development and direction of the app.
  9. API Integration for Wallets: In addition to its standalone features, the Polkadot app is also designed to be integrated with other self-custodial wallets via a payment API. This allows any wallet within the Polkadot ecosystem to leverage the app’s payment functionality, further enhancing its utility and reach.

Integrating Web3 into Everyday Life

The app’s design philosophy is not just about simplifying blockchain but also about seamlessly integrating it into users’ everyday lives. For example, Polkadot’s partnerships with Esports teams and other entertainment sectors provide unique opportunities to engage users through blockchain. Whether it’s claiming digital collectibles, participating in community activities, or using the app to make purchases in both physical and digital stores, the possibilities are vast.

The Polkadot app is more than just a wallet; it’s a gateway to a decentralized future where users have full control over their assets and data. As the app continues to evolve, there are plans to integrate more features that will further enhance user experience, making blockchain technology as intuitive and accessible as possible.

The Polkadot App Roadmap

The Polkadot app is set to launch in Q3 2024, with development already well underway. The app represents a significant milestone for the Polkadot ecosystem, making blockchain technology more accessible and practical for everyday use. With its focus on simplicity, security, and real-world applicability, the Polkadot app is poised to become a cornerstone in the broader adoption of blockchain technology.

As the app continues to evolve, users can expect further enhancements and integrations that will make it even more powerful and user-friendly. The collaboration between Parity Technologies, NovaSama, and Rays, along with the active involvement of the Polkadot community, ensures that the app will remain at the cutting edge of blockchain innovation.

This new app is not just a tool for the technically savvy; it’s designed for everyone—from the blockchain enthusiast to the everyday user—offering a gateway into the Polkadot ecosystem and the world of decentralized finance.

Introduction to the New Polkadot Ledger App!

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DOT Lover

The Polkadot ecosystem has taken a significant step forward in enhancing user experience and security with the release of the new Polkadot Ledger app. As the most popular hardware wallet on the market, Ledger has long been a trusted name in cryptocurrency asset management, and this latest development further solidifies its standing within the Polkadot community.

A Unified Access to Polkadot’s Ecosystem

One of the standout features of the new Polkadot Ledger app is its ability to provide unified access to assets across all parachains. This is a game-changer for users who have been grappling with the challenges posed by the diverse and complex Polkadot ecosystem. Previously, users needed to manage multiple applications to interact with different parachains, leading to a fragmented and often cumbersome experience.

With the new app, users can now access all parachain assets from a single interface, significantly simplifying the process. This unified access is particularly beneficial for those who are active across multiple parachains, as it reduces the need to switch between different applications, thereby enhancing overall user experience (UX).

Enhanced Security Features

Security remains a top priority for Polkadot users, and the new Ledger app addresses this with several key improvements. While hardware wallets are inherently more secure than software alternatives, the new Polkadot Ledger app introduces additional security enhancements. These improvements ensure that users can manage their assets with greater peace of mind, knowing that their funds are protected by the latest in security technology.

Integration with Leading Wallets

The Polkadot Ledger app is designed to be versatile, offering compatibility with several leading wallets. Users can connect the app with Talisman, SubWallet, Nova Wallet, and soon, Polkadot JS. This wide range of integrations ensures that users can continue to use their preferred wallets while benefiting from the added security and convenience of the Ledger app.

Implications for the Polkadot Ecosystem

The release of the Polkadot Ledger app represents a significant milestone in the evolution of the Polkadot ecosystem. By addressing the long-standing issues related to UX and security, the app is likely to encourage broader adoption of Polkadot’s parachain architecture. Furthermore, it underscores the ecosystem’s commitment to providing users with the tools they need to manage their assets securely and efficiently.

Conclusion

The new Polkadot Ledger app is a crucial development for both the Polkadot community and the broader cryptocurrency space. By offering unified access to parachain assets, enhancing security, and integrating with leading wallets, the app sets a new standard for hardware wallet functionality. As Polkadot continues to grow and evolve, tools like the Ledger app will play a pivotal role in ensuring that users can navigate the ecosystem with confidence and ease.

Lionel Messi x Polkadot DAO Blockchain Marketing

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DOT Lover

In a groundbreaking partnership, Polkadot DAO has officially confirmed its sponsorship of the Inter Miami football team, where Lionel Messi, one of the most iconic footballers in history, currently plays. This collaboration marks a significant milestone, not just for Polkadot but for the entire blockchain industry, as it bridges the gap between decentralized technologies and mainstream sports culture, since this decision was entirely made by the Polkadot DAO through its network on-chain governance system.

The Significance of the Sponsorship

Sponsorships in sports are nothing new; they have been a cornerstone of brand marketing for decades. However, the Polkadot DAO’s decision to sponsor Inter Miami, particularly as the primary sponsor for the team’s training gear, is a strategic move that signals the DAO’s ambition to expand its reach and visibility far beyond the usual crypto and blockchain circles. By aligning with a globally recognized figure like Lionel Messi, Polkadot DAO is leveraging the star power of one of the most famous athletes in the world to enhance its brand recognition and credibility.

Why Messi and Inter Miami?

The choice of Inter Miami, a relatively new team in Major League Soccer (MLS) but one that has gained enormous traction due to Messi’s involvement, is a calculated one. Messi’s transfer to Inter Miami in 2023 brought unprecedented attention to the team, making it an attractive platform for global brands. For Polkadot, this sponsorship is more than just a branding exercise; it’s a statement of intent to position itself at the forefront of the blockchain revolution for the USA market.

Polkadot’s new logo, now emblazoned on the training kits of Inter Miami players, including Messi, is not just a visual cue but a symbol of the merging of two seemingly disparate worlds—blockchain technology and global sports entertainment.

The New Polkadot Logo: A Subtle Yet Significant Change

An interesting detail of this partnership, which has not been widely discussed, is the use of a new Polkadot logo on the Inter Miami training kits. The updated logo is a slight variation from the original, with subtle changes to the typography that reflect the brand’s evolution while maintaining its core identity. This rebranding, while not drastic, is significant in that it represents Polkadot’s continuous adaptation and growth in a rapidly changing digital landscape.

The new logo’s debut on such a high-profile stage as Inter Miami’s training sessions, where it will be seen by millions of fans around the world, is a strategic move by Polkadot DAO to refresh its image while maintaining brand recognition.

The Impact of Rebranding on Polkadot’s Ecosystem

Rebranding is always a risk, particularly for a brand as established as Polkadot within the blockchain community. However, by introducing the new Polkadot logo in conjunction with a major sponsorship deal, Polkadot DAO is ensuring that the rebrand is received positively and associated with high-profile, aspirational imagery.

The new logo’s introduction at a time when it will be seen alongside Lionel Messi—arguably one of the most marketable athletes on the planet—ensures that the rebranding is immediately linked with success, ambition, and global recognition. This can only bode well for Polkadot’s standing within the blockchain community and beyond.

Polkadot Marketing Strategy Traditional Approach

Polkadot’s sponsorship of Inter Miami represents a somewhat traditional marketing strategy in the context of blockchain, an industry that often leans heavily on digital and content-driven approaches. By opting for a sponsorship deal—a method more commonly associated with consumer brands and mainstream products—Polkadot is signaling a willingness to engage with audiences outside the typical blockchain community.

Inbound Marketing & Awarnes thorugh Sponsorships

Historically, Polkadot has focused on inbound marketing strategies, such as content creation, education, and documentation, to build its brand and community. These strategies have been effective in attracting developers, builders, and early adopters within the blockchain space. However, the sponsorship of Inter Miami represents a shift towards a more outbound, awareness-focused approach.

While inbound marketing remains crucial for engaging with the core Polkadot community, the sponsorship is designed to create broader brand awareness, particularly in markets where blockchain technology is still gaining traction. The goal is not necessarily to convert Inter Miami fans into Polkadot users overnight, but rather to plant the seed of brand recognition that could pay dividends in the future as blockchain adoption grows.

Messi as a Brand Ambassador: The Broader Implications

Messi’s association with Polkadot, even if indirect, carries significant weight. As a global icon, Messi’s endorsement—or even just his association with a brand—can have far-reaching effects. While Messi has not been formally named a brand ambassador for Polkadot, his wearing of the Polkadot-branded training gear effectively places him in that role, even if only passively.

Potential Impact on Brand Perception

For Polkadot, this association is invaluable. Messi’s image, synonymous with excellence, sportsmanship, and success, could positively influence perceptions of Polkadot, especially among those who may not be familiar with blockchain technology. This association has the potential to elevate Polkadot’s brand from being seen as a niche technology to a little bit more mainstream player in the digital world.

Moreover, Messi’s involvement could help to humanize and demystify blockchain technology for the average consumer, making it more accessible and less intimidating. This could be particularly important in the United States, where blockchain adoption is still in its early stages compared to other regions.

Community Reactions and the Debate on Sponsorship

As with any major marketing move, Polkadot’s sponsorship of Inter Miami has sparked debate within its community. Some members are enthusiastic about the partnership, seeing it as a bold and necessary step to increase Polkadot’s visibility. Others, however, are more skeptical, questioning whether this traditional marketing approach aligns with Polkadot’s values and long-term goals.

Skepticism and Support: A Divided Community

Critics within the Polkadot community argue that the sponsorship might not yield the desired results, as the primary audience for blockchain technology—developers and early adopters—may not overlap significantly with football fans. They also express concerns that the funds used for the sponsorship could have been better allocated towards development initiatives, community grants, or other ecosystem-building activities.

Supporters, on the other hand, believe that the sponsorship is a smart move that will help Polkadot break out of the blockchain echo chamber and reach new audiences. They argue that brand recognition and awareness are crucial for the long-term success of any technology platform, and that this sponsorship is a strategic investment in Polkadot’s future.

The Role of Polkadot Governance in Decision-Making

One of the interesting aspects of this sponsorship is how it reflects the governance model within the Polkadot ecosystem. As a decentralized autonomous organization (DAO), Polkadot’s decisions are driven by community input and governance votes. This sponsorship deal likely went through several layers of discussion and approval within the community, reflecting the DAO’s commitment to transparency and collective decision-making.

The debate surrounding the sponsorship also highlights the importance of governance in balancing different perspectives within the community. While some members may prioritize technical development, others may see value in broader marketing initiatives. The ability to navigate these differing viewpoints is a testament to the strength and flexibility of Polkadot’s governance model.

The Future: What This Means for Polkadot and the Blockchain Industry

The Polkadot DAO’s sponsorship of Inter Miami is a bold and unconventional move that could have significant implications for both Polkadot and the broader blockchain industry. By associating with a global icon like Messi and a high-profile sports team, Polkadot is taking a calculated risk that could pay off in terms of brand recognition and market expansion.

Potential Ripple Effects in the Blockchain Space

This partnership could set a precedent for other blockchain projects to explore similar sponsorship deals, particularly as the industry continues to seek ways to enter the mainstream consciousness. If successful, the Polkadot-Inter Miami sponsorship could pave the way for more collaborations between blockchain companies and mainstream brands, further blurring the lines between the digital and physical worlds.

Moreover, this sponsorship could also spark a broader discussion within the blockchain community about the role of traditional marketing strategies in a digital-first industry. As blockchain technology matures and seeks wider adoption, the industry may increasingly turn to established marketing practices to reach new audiences.

Conclusion: A Strategic Gamble with High Stakes

Polkadot’s sponsorship of Inter Miami and the association with Lionel Messi is a strategic gamble that reflects both ambition and innovation. While it remains to be seen whether this sponsorship will achieve its desired outcomes, it undeniably marks a new chapter in Polkadot’s journey and the evolution of blockchain marketing.

As the world watches Messi don the Polkadot-branded training gear, the blockchain community will be keenly observing how this partnership unfolds and what it means for the future of both Polkadot and the broader industry. Whether a masterstroke or a misstep, this sponsorship is a testament to Polkadot’s willingness to push boundaries and explore new frontiers in its quest to become a leading player in the decentralized digital world.

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