Polkadot


Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology. Polkadot is heterogeneous because it is entirely flexible and makes no assumption about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfill a set of criteria. Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic, Namecoin and Bitcoin) except with important additions: pooled security and trust-free interchain transactability. Many of the native parachains of Polkadot will be written using a Polkadot Runtime Environment SDK (e.g. Parity Technologies' Substrate).

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by COINS NEWS - 1 year ago

Why does this subreddit love PolkaDot so much?

Every time I mentioned something bad about it, I had an army of people jump on me, telling me how I only hate it because I don't understand it. And you know what. You're right. I don't understand it. One does not become a Validator there...

by COINS NEWS - 1 year ago

What are the most user friendly wallets for Polkadot?

Dot has a lot of potential, and I see it having solid growth in the next bull run. I have a pretty solid understanding parachains and auctions within the dot ecosystem, but I’d like to hear everyone’s thoughts on the most user friendly wallets and ap...