Today the results of the winner of the 9th slot of parachains on KSM have been announced and the Altair project has become the winner, which scored 187 835 KSM. Now many are wondering why Parallel did not win the 9th slot, while it has the largest number of KSM in the size of 197 295 KSM? Let’s try to answer this question together. The thing is that the auctions of parachens at KSM are arranged according to the principle of candle auctions. The candle auction is an old auction format dating b...

Today the results of the winner of the 9th slot of parachains on KSM have been announced and the Altair project has become the winner, which scored 187 835 KSM. Now many are wondering why Parallel did not win the 9th slot, while it has the largest number of KSM in the size of 197 295 KSM? Let’s try to answer this question together. The thing is that the auctions of parachens at KSM are arranged according to the principle of candle auctions. The candle auction is an old auction format dating b...

A non-fungible token (NFT) is a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody, and require few or no coding skills to create. NFTs typically contain references to digital files such as photos, videos, and audio. Becau...

A non-fungible token (NFT) is a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody, and require few or no coding skills to create. NFTs typically contain references to digital files such as photos, videos, and audio. Becau...