May 27, 2020 Web3 Foundation launches the Polkadot network.

The Web3 Foundation launched the Polkadot network on Tuesday. For the network’s initial stage, which has now been initiated with the launch, the Foundation will have “superuser control” allowing it to make changes, conduct security audits and execute logic with the assistance of Parity Technologies, while general functionality is limited to staking as well as claims and attestation. The quasi-test network Kusama will continue to function so long as the Polakdot community deems necessary according to the post.