Parity Upgrades Polkadot’s Underlying Tech to Make Custom Blockchain Building Easier

Parity Technologies has released the second version of its blockchain building kit, Substrate 2.0, according to a blog post shared Wednesday with CoinDesk. Parity Technologies is the developer of the Polkadot blockchain with ambitions for developing a Web 3.0, undergirded by a meshing of various blockchains.

It acts as a tooling kit for developers making their own blockchains with Polkadot – also built on Substrate – working underneath as a communication and economic layer of sorts between Substrate-based blockchains. For example, Parity Tech’s “canary” network Kusama and security token platform Polymesh are two Substrate blockchains.

Timeline of Kusama, Polkadot-new