Polkadot is an innovative blockchain protocol that launched its mainnet in May 2020. Its native token is DOT. The project was initiated in 2017 by Gavin Wood, former CTO of Ethereum. The concept was inspired by the desire to create a more developer-friendly version of Ethereum, enhancing interoperability, scalability, and solving issues related to sharding. DOT began trading in August 2020, shortly after the ecosystem was launched. Funded by the Web3 Foundation, which aims to promote a decentralized web, Polkadot operates in a decentralized manner, emphasizing trustlessness so third parties are unnecessary for transactions or private data storage. **What are the key features of DOT and how does it operate?** Polkadot primarily focuses on enabling interoperability between specialized block...
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
RESOURCES
Community
Support
© 2023 CMC.IO. All rights reserved