Pendulum Launches Main Network of Polkadot – On Track to Complete Roadmap Phase by March

03/01/2023 11:33 • Blockchain Briefs • 131 views

On March 1, it was reported that Pendulum had launched the main network of Polkadot, marking the first stage of the project’s road map. In its three-stage road map, the subsequent stages will include the launch of Token Transfer Event, Spacewalk Stellar-Polkadot Bridge and forex-AMM 0xAmber. The goal is to complete the whole phase by March.

Pendulum has launched the Polkadot main network and completed the first phase of the road map

Analysis based on this information:

On March 1st, the long-awaited launch of the main network of Polkadot by Pendulum marked an exciting milestone. This marks a significant step in the project’s roadmap, which also includes the Token Transfer Event, Spacewalk Stellar-Polkadot Bridge and forex-AMM 0xAmber. According to sources, the ultimate goal is to complete the entire phase by March.

The launch is a culmination of months of effort from Pendulum and the Polkadot development team. Polkadot is a highly-scalable, multi-chain blockchain platform that is designed to facilitate seamless communication and data transfer between parallel chains. Pendulum, on the other hand, is a protocol designed to enable seamless cross-chain communication between various blockchain networks, including Polkadot.

With the launch of the main network, users can now take advantage of the platform’s advanced features, including interoperability and scalability. With Polkadot, developers can develop and launch highly-scalable decentralized applications with ease, leveraging the power of the platform’s multi-chain architecture.

According to the roadmap, the next stage of development will involve the launch of the Token Transfer Event, which is expected to take place in the near future. The Spacewalk Stellar-Polkadot Bridge will come next, which is designed to provide a seamless bridge between the Polkadot network and the Stellar network, thereby enabling seamless transaction execution between the two networks.

Finally, the forex-AMM 0xAmber will be launched, which is a decentralized exchange that will allow users to trade tokens seamlessly across multiple blockchain networks.

In conclusion, the launch of the Polkadot main network by Pendulum is a significant milestone in the blockchain industry, and it marks a promising future for the decentralized blockchain ecosystem. The multi-chain architecture of Polkadot, combined with the cross-chain communication capabilities of Pendulum, will allow developers to create new and unique decentralized applications that can be seamlessly integrated with other blockchain networks. We can’t wait to see what the future holds for this exciting project.

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