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Polkadot Ecosystem launches its highly anticipated XMC, Cross-Consensus Messaging feature Multi-Chain With XCM Launch. This is a feature the Polkadot community has been waiting for and allows for communication between the different parachains. Polkadot celebrated the most recent upgrade with an announcement on Twitter earlier today.

https://twitter.com/Polkadot/status/1521840371470409735?s=20&t=ysH0DHrZSpANbyjIYlG5pw

This is a major milestone for Polkadot, allowing it to become the fully interoperable multi-chain ecosystem that it promised to be.

https://twitter.com/Polkadot/status/1521840378240024576?s=20&t=pDX10tKnhzl0Pkkv4OyE5Q

According to the State of Polkadot Q1 report from Messari, the sentiment for Polkadot remains positively high despite the price decline, with the number of addresses holding DOT increasing steadily still in Q1. 13 parachain slots have been won to date with over 127.8 million DOT bonded to those parachains.

It is believed that XCM could expand the use cases under Polkadot and drive further adoption of the Substrate blockchain language for development.

Shawn Tabrizi from Parity Technologies explains how to get started with XCM here.

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Polkadot sentiment remains positive

According to the State of Polkadot Q1 report from Messari, the sentiment for Polkadot remains positively high despite the price decline, with the number of addresses holding DOT increasing steadily still in Q1. 13 parachain slots have been won to date with over 127.8 million DOT bonded to those parachains.

Polkadot is a proof-of-stake blockchain network that is designed to to connect Layer-1 chains known as parachains. Since launching the sought after parachain slots last year Polkadot has developed a reputation as a highly intricate, developer led ecosystem with a strong community focus.

Polkadots native token DOT has seen a price decline in recent links. However, their are several strong projects, such as Acala, Moonbeam, Equilibrium and Unique, building within the ecosystem.

Cross-consensus messaging ensures that parachains and smart contracts can have full interoperability within the Polkadot ecosystem. Polkadot has been hailed as one of the leading blockchains as it remains dedicated to providing the base infrastructure and tools to allow the developer community easily transmit their visions for decentraliased finance.

Speaking about the benefits of XCM, Greg Zaitsev CTO of Unique Network, the most recent winner of a Parachain slot, notes that