Polkadot is a scalable multi-chain platform uniting diverse blockchains, using Parachains for security and autonomy. More
Fully Diluted Valuation | $5.80B |
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24H Trading Volume | $170.96M |
24H Low / High | $3.78 / $ 3.89 |
Circulating Supply | 1.52 B |
Total Supply | 1.52 B |
Max Supply | ∞ |
Categories | Smart Contract Platform 8 more |
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Founder | Dr. Gavin Wood 2 more |
Website | forum.polkadot.network Whitepaper |
Socials | 4 more |
Explorer | Mintscan 4 more |
Name | Pair | OG Score |
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Polkadot is a scalable platform that serves as a heterogeneous multi-chain technology. Polkadot released in May 2020, the network brings together different blockchains, allowing them to interact with data and value transfers independently of trust. Parachains, one of the fundamental building blocks, safeguard Polkadot's security while preserving their unique structures. The Layer-0 metaprotocol of Polkadot supports a network composed of Parachains, enabling this network to update its codebase autonomously and without forks. It aims to establish the foundation for Web 3.0, aspiring to provide a fully decentralized internet under user control. The DOT token is utilized for network operations, security, and connecting parachains. Polkadot maintains the independence of various blockchains while enabling secure and efficient interactions among them. Its flexible structure eases connectivity between public and private networks while ensuring energy efficiency and security through the Nominated Proof-of-Stake (NPoS) consensus mechanism.
Polkadot's uniqueness lies in its ability to connect diverse blockchains through Parachains, ensuring security, independence, and seamless updates without forks, creating a foundation for a user-controlled, decentralized Web 3.0.
Polkadot was founded by Dr. Gavin Wood, Robert Habermeier, and Peter Czaban.
Pantera Capital, HashKey Capital, IOSG, Shima Capital, Fabric Ventures, Bitscale Capital, 1confirmation, Fifth Era, Placeholder Ventures, SNZ Holding, Fundamental Labs, Waterdrip Capital, Zee Prime Capital, YBB Foundation, Krypital Group, HyperChain Capital, Mapleblock Capital, BR Capital, Illusionist Group, 8 Decimal Capital8, Caballeros Capital, Block0, Angel one, Nirvana Capital, Three Arrows Capital, DU Capital.
Polkadot uses a Nominated Proof-of-Stake (NPoS) consensus mechanism, where token holders nominate validators to secure the network, ensuring energy efficiency and security.
You can buy Polkadot (DOT) on Binance, OKXBitgetGate.ioBybit cryptocurrency exchanges.
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