huge

number

of

transactions

simultaneously

removing

the

bottlenecks. Currently, Polkadot has a TPS of around 166,666.

While, in the other Blockchains, we write smart contracts to trigger

transactions, in Polkadot, it’s more about the integration of different

Blockchain protocols with its Relay Chain. Polkadot also uses

Oracles heavily for easy integration of the external APIs with the

distributed ledger. Hence, choose Polkadot when you have a special

need for the interoperability of Blockchains along with the other

crucial features such as security, scalability, throughput etc.

10.5 Development

Polkadot

is

100%

opensource

and

comes

with

fantastic

documentation. In Polkadot, Parachains or custom Blockchains, to

suit the needs of particular use cases, can be created from scratch

using special templates called Substrates. The details can be found

in the following website for a step-by-step development:

https://substrate.io/

Smart contracts can be written and executed on Parachains. There

are three different types of networks for deployment, i.e., three

different Testnets (Westend, Canvas, Rococo), Kusama Canary

network, and Polkadot Mainnet.

Polkadot is opensource and anyone can contribute to this community

work.

10.6 Wallet

Parity technologies give support for many different wallets that one

can use on iOS, Android, Windows, Mac, Linux, or the browser

extensions.

10.7 Live Projects

Launched only in mid 2020, Polkadot has 511 projects, many of

which are running successfully in production and still counting. Refer

to the following link: https://polkaproject.com/#/