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Polkadot (DOT)

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Polkadot (DOT)
Polkadot (DOT)

Polkadot (DOT)


Polkadot development is on track to deliver the most robust platform for security, scalability and innovation.

Polkadot Features

True interoperability

Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to the network gives you the ability to interoperate with a wide variety of blockchains in the network.

Economic & transactional scalability

Polkadot provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. It provides transactional scalability by spreading transactions across multiple parallel blockchains.

Easy blockchain innovation

Create a custom blockchain in minutes using the Substrate framework. Connect your chain and get interoperability and security from day one. This ease of development helps the network grow.

Forkless and future-proof

Polkadot can upgrade without hard forks to integrate new features or fix bugs. This capability enables it to easily adapt to changes and upgrade itself as better technologies become available.

Security for everyone

The novel data availability and validity scheme allows chains to interact with each other in a meaningful way. Chains remain independent in their governance, but united in their security.

User-driven network governance

Polkadot has a sophisticated governance system where all stakeholders have a voice. Upgrades to the network are coordinated on-chain and enacted autonomously, ensuring that the network’s development reflects the values of the community and avoids stagnation.

The DOT token

The DOT token serves three distinct purposes: Governance over the network, staking and bonding.

Governance

DOT token holders have complete control over the protocol. All privileges, which on other platforms are exclusive to miners, will be given to the Relay Chain participants (DOT holders), including managing exceptional events such as protocol upgrades and fixes.

Staking

Game theory incentivizes token holders to behave in honest ways. Good actors are rewarded by this mechanism whilst bad actors will lose their stake in the network. This ensures the network stays secure.

Bonding

New parachains are added by bonding tokens. Outdated or non-useful parachains are removed by removing bonded tokens. This is a form of proof of stake.

Polkadot Team

DOT is an open-source project founded by the Web3 Foundation. Web3 Foundation has commissioned five teams and over 100 developers to build the project.


Polkadot BSC contract :

0x7083609fce4d1d8dc0c979aab8c869ea2c873402


Polkadot HECO contract :

0xa2c49cee16a5e5bdefde931107dc1fae9f7773e3


 

Polkadot Links

Website:  https://polkadot.network

Twitter:  https://twitter.com/Polkadot

Telegram:  https://t.me/PolkadotOfficial

Reddit: https://www.reddit.com/r/Polkadot


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