According to #Polkadot’s co-founder, Robert Habermeier, the #blockchain ecosystem has been thinking too small about the multi-chain world. The multi-chain of tomorrow consists of #blockchains that scale and shrink on demand. It contains ephemeral chains spawned by on-chain factories, spun up by contracts and imbued with automated purpose – to complete their work a few hours later and disappear.
#Polkadot’s consensus system is, at its heart, an efficient, multi-threaded machine that is a flexible #blockspace generator. #Polkadot’s ‘shared security’ on its own is not enough to build an effective #blockspace producer. Shared security guarantees homogeneous quality of #blockspace. To guarantee supply, it must be coupled with a scaling mechanism.
#Blockspace is the capacity of a blockchain to finalize and commit operations. In other words, ‘Blockspace’ is the primary product of decentralised consensus systems of today.
https://www.rob.tech/polkadot-blockspace-over-blockchains/
https://polkadot.network/
