Cryptocurrency Q&A What is blockchain vs Parachain?

What is blockchain vs Parachain?

HanbokGlamourQueen HanbokGlamourQueen Mon Dec 02 2024 | 5 answers 691
I want to understand the difference between blockchain and Parachain. I'm curious about how they compare in terms of their structure, functionality, and use cases. What is blockchain vs Parachain?

5 answers

Giulia Giulia Wed Dec 04 2024
Security is an integral aspect in the realm of parachains when they connect to Polkadot.

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CryptoVisionary CryptoVisionary Wed Dec 04 2024
Upon establishing a connection, parachains are automatically endowed with security features.

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Federico Federico Wed Dec 04 2024
This innovative approach is termed as shared security, marking a novel advancement in the field.

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HanRiverVisionary HanRiverVisionary Wed Dec 04 2024
In contrast to classic blockchains, which are required to independently develop their security mechanisms, parachains benefit from this shared framework.

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DaeguDivaDanceQueen DaeguDivaDanceQueen Tue Dec 03 2024
Classic blockchains typically rely on network validators and/or miners to establish their security, a process that can be both time-consuming and resource-intensive.

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