Polkadot
DOT
Crypto
Decentralised Networks
USD 1.30+3.93%
Polkadot
UMushroom community rating:
About
Decentralised Networks
Categoryn/a
Consensus MechanismL1
L1/L2Other
Sub-cateegoryn/a
Ecosystem2020
Year of creation
Description
Polkadot (DOT) is a Decentralised Networks crypto coin. Polkadot`s origin block was generated on 2020-08-19. More information can be found at https://polkadot.com.
Key Technical Advantages:
Polkadot's core features: Heterogeneous sharding, scalability, upgradeability, transparent governance, and cross-chain composability. Heterogeneous sharding: Polkadot connects multiple specialized chains in a single network, allowing them to process transactions in parallel and exchange data securely. Scalability: By connecting multiple chains in one sharded network, Polkadot processes transactions in parallel, removing bottlenecks and enabling future scaling with nested relay chains. Upgradeability: Polkadot allows blockchains to upgrade themselves without forking, enabling projects to adapt and evolve with technology while reducing the risk of contentious hard forks. Cross-chain composability: Polkadot enables shards to communicate, exchange value, and share functionality, allowing interaction with popular decentralized finance protocols and crypto assets on external networks like Ethereum. Content summarized by AI chatbotSource:
https://polkadot.com/papers/Polkadot-whitepaper.pdfKey figures
-62.4%1Y
-79.3%3Y
-96.8%5Y
Performance
1/ 11D
1/ 11M
5/ 11Y
Highs/ Lows
13.09.2022
USD 54.14
All Time High
2.40%
% of All Time High
-97.77%All Time
-77.31%1 year
Max drawdown
#36
Ranking by Market Cap
2,181.76 M
Market cap (USD)
0.00%
% of Market
669.156 B
Category Market Cap (USD)
0.33%
% of Category
1678398804
Circulating Supply
1678398804
Liquid Supply
100.00%
Liquid/ Circulating Supply
2100000000
Max Supply
79.92%
Circulating/ Max Supply
158580037
Volume Traded
7.07%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
3.25
Innovation:
3.61
Society:
3.67
Nature:
3.56
Laxsijan Selvaratnam
👍🏽
Robert Lukacsi
Eiszeit ist bald vorbei..
Ewa Masior
Quite risky
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