Polkadot
Polkadot is a decentralized, open-source blockchain platform that allows diverse blockchains to transfer messages, including value
What makes Polkadot Valuable?
It is the 10th biggest crytocurrency by "market cap"
Polkadot is a 3rd generation blockchain network capable of running "Smart Contrats" in a way that is secure, scalable, and sustainable.
Polkadot is also entirely flexible and heterogeneous, meaning it can increase interoperability by connecting non-blockchain systems or data structures into its "parachain" network.
Polkadot's uses a proof-of-stake mechanism that consists of many parachains with different characteristics; these can spread out transactions to process them quickly.
Other facts about Polkadot
Dr. Gavin Wood, co-creator of Polkadot, was a co-founder of Ethereum
Polkadot is a 3rd generation blockchain (3.0) that builds on the technology pioneered by Bitcoin (1st gen) and Ethereum (2nd gen)
Major updates to Polkadot's network are first tested on the testnet Kusama
Curious to know more?
Heading to the exchange for some DOT?
