Polkadot
DOT
Crypto
Decentralised Networks
USD 0.94-0.87%
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
-77.7%1Y
-78.9%3Y
-95.9%5Y
Performance
0/ 01D
1/ 01M
4/ 01Y
Highs/ Lows
13.09.2022
USD 54.14
All Time High
1.74%
% of All Time High
-98.35%All Time
-81.40%1 year
Max drawdown
#42
Ranking by Market Cap
1,615.26 M
Market cap (USD)
0.00%
% of Market
341.819 B
Category Market Cap (USD)
0.47%
% of Category
1687752294
Circulating Supply
1687752294
Liquid Supply
100.00%
Liquid/ Circulating Supply
2100000000
Max Supply
80.37%
Circulating/ Max Supply
80558590
Volume Traded
5.25%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
3.13
Innovation:
3.54
Society:
3.61
Nature:
3.48
Laxsijan Selvaratnam
👍🏽
Robert Lukacsi
Eiszeit ist bald vorbei..
Ewa Masior
Quite risky
RECOMMENDED CRYPTOS
