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Bitcoin Story, Polkadot Story, Solana, Ethereum, Atmos, Monero, T? (How to…
Bitcoin Story
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Solutions
Created trust
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Instead of Centralized 3rd Party: (bank, credit card lenders, brokers)
Interoperability
Same Asset, Different Platform Doesn't Matter
i.e you could have RBC and they could have Venmo (no need to etransfer, wire, withdraw cash then give)
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How to Explain
5th Grader
Jenn and I can now exchange money without the need of a third party verifying the transaction - it's code (miners verify the transactions)
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Polkadot Story
Solutions
Interoperability
Current State, individual blockchains are detached
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Bitcoin, Cardano, Atmos, etc can connect and interact with each other
Security
Shared Security
secure funding, secure your network automatically via parachains
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Experimentation, Innovation and Adaptation
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Blochain
Blocks
Collection of Records
Ex of Records: Transactions, Smart Contracts, Wifi Usage, Files, Documents