This portrait is made from available online data and is information only. Please read the disclaimer*.
What is Polkadot ?
Polkadot is an open-source blockchain project founded by the Swiss Web3 Foundation to facilitate a fully functional and user-friendly decentralized web. Polkadot is a sharded protocol that enables blockchain networks to operate together.
Polkadot enables a completely decentralized web where users are in control. It is built to connect private and consortium chains, public, and permissionless networks, oracles, and future technologies. Polkadot aims to facilitate an internet where independent blockchains can exchange information and transactions in a trustless way via the Polkadot relay chain. So it makes it easy to create and connect decentralized applications, services, and institutions.
Polkadot is a sharded multichain network, which can process many transactions on several chains in parallel. This parallel processing power garantees high scalability. The sharded chains are connected to Polkadot and are called parachains because they run on the network in parallel.
The DOT token serves three purposes: network governance, staking, and bonding.
|blockchain:||own / public|
|consensus algorithm:||hybrid consensus|
|launch date:||Aug 2020|
|supply:||DOT / 987,964,778|
Polkadot on recommended exchanges*
Where to buy and trade Polkadot. DOT is available on all major exchanges. This is a small choice of some of the leading crypto exchanges:
USD - EUR - CHF - GBP - RUB - AUD - CAD - THB
Klick to find all important information about the leading crypto coins and token in a nutshell:
Multi currency wallets
Multi currency wallets can store different kinds of coins and tokens, mostly all the leading coins, Ethereum ERC20 token, Neo NEP5 and Binance BEP2 token and many other coins and token.
The most advanced wallets offer staking and exchanging or swaping too.
|Atomicwallet||Trust wallet||Coinomi wallet|