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Polkadot (
$0.84 ) , the proof-of-stake blockchain Gavin Wood built after co-founding the world’s largest blockchain Ethereum (
$1,577.84 ) , is gearing up for launch. Designed as a scalable blockchain that addresses the fundamental flaws in Ethereum (
$1,577.84 ) 1.0′s architecture, Polkadot (
$0.84 ) leverages a network of parachains (or parallel blockchains) that can run their own assets and ecosystems while maintaining interchain interoperability. Many of Polkadot (
$0.84 ) ’s foundational projects are set to go live this month, following a series of closely watched parachain auctions.









