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Exploring Polkadot's Potential with Gavin Wood & Raoul Pal

Raoul Pal: The Journey Man

CHAPTER

Blockchain Technology and Scalability Challenges

The chapter covers the use case of blockchain technology, including the concept of 'accords' for smart contracts across blockchains, the potential of parachains in Polkadot ecosystem for scaling applications, and the necessity for decentralized, affordable block space for real-world applications. Discussions also touch on the importance of scalability for accessibility and predict a shift towards Web 3 with near-zero block space costs.

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