Polkadot uses the Proof of Stake (PoS) mechanism as an alternative to the Proof of Work (PoW) consensus mechanism. The different security models, energy consumption and advantages of both mechanisms are still hotly debated. — What is Proof of Stake? Proof of Stake (PoS) is a consensus mechanism that relies on people who hold tokens to act as validators. It is an alternative method to Proof of Work (PoW), which Bitcoin and most of the earlier blockchains use. …

SatoshiPay project, Pendulum chain, draws in VCs with its potential to build a fiat DeFi future — VCs (venture capital funds) are showing an ever-growing interest in crypto projects. Pendulum’s message of connecting traditional finance services to DeFi through a tailor-made decentralized fiat parachain, is more than arousing curiosity in VC investors. $5m Private Sale Completed in 2021 Back in November 2021 we announced the over-subscribed private…

When it comes to smart contracts there are two competing technologies. The original EVM smart contracts enjoy wide support and adoption, while WebAssembly is an emerging standard that promises higher performance and has great support in the Polkadot space. In this article, we analyze and compare both technologies. — At Pendulum we strive to provide the best experience for our ecosystem developers. In this comparison, we will focus on performance. Higher performance means more transactions per second, i.e., higher scalability. Most smart contracts are rather simple and only require a few computational resources. However, as more advanced DeFi applications…

If you’re thinking of investing into the Polkadot ecosystem, one of the first things you’ll need to do is set up a wallet. This article will give you some context and then explain the 5 simple steps to setting up a Polkadot wallet. What is Polkadot? Polkadot is the brainchild of Web3 visionary…

This overview guide will walk you through how DOTSAMA parachain auctions and crowdloans work Pendulum aims to become a Kusama parachain and a Polkadot parachain in the future, and to achieve that we will need to win crowdloans. …

Substrate Builders Program has allowed Pendulum to tap into the resources of Parity and pass the first milestone. This milestone includes setting up a playground UX/UI, becoming a parachain on Rococo, and publishing docs and tutorials. What is Substrate Builders Program The Substrate Builders Program supports and mentors teams like…

Berkeley Xcelerator Alumni teams secured over $400m in follow-on funding and Pendulum has joined the 2022 cohort. The Berkeley University blockchain program received over 300 applications and Pendulum was one of just 20 successful projects. The United States University offers technology projects Berkelely’s global network and top-tier support. Berkeley’s Blockchain…

Spacewalk will enable Pendulum chain to utilize the multitude of fiat stable tokens on the Stellar blockchain and help build the fiat DeFi future. Spacewalk is the first bridge between the Stellar network and the Polkadot/Kusama ecosystems, which opens up a flow of stable tokens from the Stellar network. …

We are excited to announce a partnership with e-Money, a Cosmos-based payment platform that aims to bridge the legacy banking system with a single efficient blockchain layer. The European stablecoins issued by e-Money will be available on Pendulum and foster the adoption in the European regions. Acceptance of cryptocurrency payments…