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.
5 answers
Giulia
Wed Dec 04 2024
Security is an integral aspect in the realm of parachains when they connect to Polkadot.
CryptoVisionary
Wed Dec 04 2024
Upon establishing a connection, parachains are automatically endowed with security features.
Federico
Wed Dec 04 2024
This innovative approach is termed as shared security, marking a novel advancement in the field.
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.
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.