Polkadot
DOT
Crypto
Decentralised Networks
USD 1.37+9.71%
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
-70.2%1Y
-80.3%3Y
-93.3%5Y
Performance
1/ 11D
2/ 11M
5/ 11Y
Highs/ Lows
13.09.2022
USD 54.14
All Time High
2.52%
% of All Time High
-97.73%All Time
-76.95%1 year
Max drawdown
#32
Ranking by Market Cap
2,272.38 M
Market cap (USD)
0.00%
% of Market
648.949 B
Category Market Cap (USD)
0.35%
% of Category
1662762423
Circulating Supply
1662762423
Liquid Supply
100.00%
Liquid/ Circulating Supply
2100000000
Max Supply
79.18%
Circulating/ Max Supply
301573297
Volume Traded
13.27%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
2.47
Innovation:
3.41
Society:
3.06
Nature:
2.75
Leon Molthan
2.0 coming
Nojus Okleiteris
.
S M
👯
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