Market

Why is this programming language so popular with Jack Dorsey and Polkadot?

Which programming language is the best? This is a question – and a perfect introductory question – that has been around since the advent of computers.

With the increasing acceptance of cryptocurrencies, programming languages ​​are back in trend. Choosing one or the other has enormous implications not only for the builder, but also for the goal of interoperability itself.

However, they also love strong market influencers.

Rusty

Jack Dorsey, the co-founder of Twitter, used the social media platform to reveal what he thought was a “perfect” programming language.

https://twitter.com/jack/status/1474263588651126788?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external
Well, it certainly doesn’t take long for an altcoin to express its opinion on the same opinion.

https://twitter.com/Polkadot/status/1474445866681475077?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external
What’s the lesson here? Cryptocurrency watchers have largely concluded that Dorsey is a bitcoin proponent. However, rust is used by many people, including polkadot and solana. Could this be a sign that Dorsey – or his company Block – has a plan with altcoins? It is too early to tell at this point.

It’s worth noting, however, that Polkadot’s focus on interoperability has led to support of other implementations. Polkadot Wiki Reports,

“There are other implementations of Polkadot, many of which have been funded by the Web3 Foundation, in programming languages ​​like Go, C ++, and JavaScript, all of which can be compiled in Wasm [Web Assembly]. ”

Polkadot “offers” you a good day

At the time of going to press, parachains are centered around an auction for second place. There were twelve candidates, but the front runner was Efinity, who lost to Clover in the first round.

But now Efinity has increased 5.3345 Million DOT and Lead, followed by Usable Finance.

Source: polkadot.js.org

See spots everywhere

At press time, DOT is trading at $ 28.72 after falling 1.68% in the past 24 hours.

Some time after the first round of auctioning of the Polkadot Parachain positions, CoinShares’ report showed an inflow of $ 2.5 million for old for the week ended December 17th. It did so when Bitcoin and Ethereum saw significant outflows this week.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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