On the way towards a fully interoperable ecosystem of blockchains
Nodle wants to make its Decentralized Wireless (DeWi) network and apps composable with many services from other chains. Having our parachain will provide us with an easy way to make this composability a reality. Nodle has already been testing its capability to interoperate with other parachains, such as with
earlier this year (see Medium post: Nodle is Now #ComposableWith Acala).
network provides shared security with access to a network of approximately 18,000 validator nodes that compete to maintain the best possible security and integrity for the on-chain records. Its nearly 300 validators are active at any given time and automatically selected for their performance from this huge decentralized network.
The Polkadot ecosystem is enabling access to its growing user base on other ecosystems such as Ethereum. When NODL becomes interoperable and composable with other chains, the number of potential network users will grow substantially, thereby increasing the number of participants and holders of the NODL token.
- More decentralization
Nodle believes that the power of blockchain technologies will be realized once all the different layer 1 chains and layer 2 services become fully interoperable. By enabling various industries and projects to build their own blockchains, Polkadot has created a way to make this vision possible. Parachains are an additional step toward accelerating this vision and the implementation of Web 3.0 fundamentals.
Nodle Crowdloan offering to parachain auction participants
When you contribute by locking DOT during the Nodle Crowdloan, you’ll receive NODL rewards from an allocated 850 million NODL — that’s 23% of the total Nodle treasury reserves or 10% of the circulating supply on the Nodle Mainnet!
After 96 weeks, your DOT contribution will be automatically returned to you.
You can participate and get all the details by checking out the parachain web page here: https://parachain.nodle.com.
What is NODL
Native token of the Nodle Network. Users of the Nodle Cash app and the Nodle SDK earn NODL by sharing their device’s connectivity. Institutions, businesses, governments and developers who want to use the Nodle Network to relay data pay for services in Nodle.