Agoric vs Polkadot Ecosystem

Agoric is a Cosmos-based Layer 1 blockchain for building cross-chain smart contracts in JavaScript. The platform’s asynchronous, multi-block architecture uniquely enables developers to orchestrate liquidity and services across the growing multi-chain universe, making Agoric ideal for building software with seamless user experiences. The native token BLD is used for staking and governance. The over-collateralized IST stable token is used to pay network fees.

Polkadot stands out among other blockchain projects for its focus on enhancing the foundational infrastructure of dApps. It aims to enable interoperability between blockchain ecosystems, facilitating seamless communication without intermediaries. Functioning as a "network of networks," Polkadot utilizes parachains — specialized blockchains with unique functionalities and tokens — to enable interaction between diverse blockchain architectures. Powered by the nominated proof-of-stake (PoS) consensus algorithm and drawing inspiration from the Ouroboros protocol, Polkadot offers a robust framework for building interconnected and scalable decentralized systems.