Frequency is a parachain of the Polkadot blockchain, meaning it sets its own rules and follows its own logic but is compatible with the main Polkadot chain as well as other parachains. Parachains pay a comprehensive lease to Polkadot, often with funds gathered from their communities, instead of a fee for each block. This boosts the system’s scalability and stability, according to Frequency. As such, the Frequency blockchain can handle a lot of throughput, needed for social media applications.
Related posts
-
More than 10 years since the collapse of Mt. Gox, users confirm reimbursements
Defunct cryptocurrency exchange Mt. Gox has started payments to rehabilitation creditors as part of its rehabilitation... -
Social Media Screams “Sell” As Bitcoin Crashes To $54,000: Buy Signal?
Data shows users on social media platforms have been calling to sell Bitcoin after its latest... -
Layerzero Integrates Flare, Enabling Connectivity to 75 Blockchains
Layerzero has integrated with Flare, a layer one (L1)...