Cryptocurrency News

Parity Teams up With Klaytn To Boost Metaverse Growth

2022.05.25 12:46

Parity Teams up With Klaytn To Boost Metaverse Growth
Parity Teams up With Klaytn To Boost Metaverse Growth

  • Parity Technologies will be partnering with Klaytn to enhance metaverse growth.
  • They will work together to build a Substrate-based Klaytn chain, Klaytn-Substrate.
  • Klaytn-Substrate will be bridged to Polkadot and to the Klaytn mainnet.

Today, Klaytn announced a major collaboration with Parity Technologies. Klaytn says that this partnership is to help it achieve its vision to become the blockchain of choice for gaming and metaverse projects worldwide. Klaytn is a modular, open-source public blockchain and Parity is a blockchain infrastructure company most known for the blockchain network Polkadot.

Parity and Klaytn will reportedly work together to build a Substrate-based Klaytn chain, Klaytn-Substrate. The duo states that this chain will initially serve as an alternate implementation of the Klaytn specification and as a sidechain to Klaytn’s main chain.

Klaytn-Substrate will be bridged to Polkadot and to the Klaytn mainnet to a …

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