Gavin Wood Announces 'Impending Release' of DIY Blockchain Tool

CoinDesk

Published Oct 23, 2018 06:30AM ET

Updated Oct 23, 2018 07:06AM ET

Another do-it-yourself build-a-blockchain tool is about to launch.

Speaking at the Web3 Summit in Berlin on Tuesday, ethereum co-founder and Parity Technologies founder Gavin Wood announced that his company's new tool, Substrate, is weeks from release. As the technical underpinning for his interoperability protocol Polkadot, Substrate provides a generalized platform for blockchain development.

According to Wood, who spoke to CoinDesk before the announcement, Substrate will help Polkadot reach its "main bet" – as a simple mechanism to allow people to build and launch their own blockchains.

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