Why did Polkadot split (Polkadot Split)

Why did Polkadot split? Polkadot and Kusama’s two main projects have one thing in common, which is that Polkadot is divided into two layers. The first is the Relay Chain, which will use Polkadot as a parachain; the second is the Parachains, which are independent blockchain networks where they can implement their own functions and interoperate elsewhere. These functions can also be implemented through the Relay Chain. However, in order to ensure security, when a parallel smart contract system is running, it must rely on the consensus algorithm of that system. Without this mechanism, Polkadot cannot interact with it.

For this reason, Polkadot has upgraded from the first stage to the third module, but has not fully transitioned to the second stage. This means that Polkadot has transitioned from the first phase to the second level, meaning they now only need to execute the code of the basic protocol. Polkadot v0.9.0 allows users to trade on the mainnet using their wallets. So, Polkadot did this because it is a multi-chain ecosystem, including blockchain networks such as Ethereum and Bitcoin.

Polkadot has two types of networks: Cosmos and Kusama, both of which have their own characteristics. The first is a shared security environment, where people developing on different platforms can access their assets. Different applications on Polkadot can also leverage the same security environment for innovation. For example, on platforms like Ethereum, we can see applications built on Substrate using different languages like EOS or IOST. The other is the cross-chain solution Polkadot, which is an architecture for heterogeneous blockchain networks that can be integrated with any blockchain. (PolkaWorld)

Polkadot Split

On March 1st, the Polkadot community will undergo a split and upgrade. After this split, all functions in the original Polkadot v0.8.0-0.9 will remain unchanged. This means that all functions have undergone different changes. In this update, we made the following adjustments: 1. The total supply of DOT tokens has decreased from approximately 1 million to only 1% of the total; 2. The number of nominated validators has increased from around 500 to over 1000; 3. The transfer amount has decreased from initially around $10 to $5.