Polkadot’s ecosystem1Polkadot is essentially a blockchain and ecosystem with its own native coin, DOT. The Polkadot ecosystem is made up of multiple blockchains surrounding Polkadot’s mainnet blockchain, which it calls its Relay Chain. Working in a parallel manner to the Relay Chain, the surrounding blockchains in Polkadot’s ecosystem are known as “parachains.” Parachains work as parallel, interoperable blockchains (although they do not necessarily have to be blockchains) that utilize Polkado...