What is Polkadot DOT? DOT Token Explained | 2 Minutes Crypto π
9,048 Views · Posted 3 years ago
Polkadot (token DOT) is a crypto 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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Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
#polkadot #dot #parachain
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).
JOIN ALTCOIN BUZZ ACCESS π We got into ENJ at $0.04, MATIC at $0.03 and identified 100X Bloktopia, Star Atlas IDOβs, and many latest crypto gems. With ACCESS you get information about early-stage gems, research reports, and unique interaction opportunity with our experienced research team! Slots are open now!! Join ACCESS to get ready for the next bull run. Click the link below to learn more: β‘οΈβ‘οΈhttps://access.altcoinbuzz.io/
π FREE CRYPTO PROJECT EVALUATION CHECKLIST π
This resource includes the full 50 checklist items we use for our due own diligence process for any crypto project, at any stage. You can use this to help you when youβre doing your own research.
https://bit.ly/altcoinbuzz-checklist
π π π SUBSCRIBE π π π
Like, Subscribe and Hit the Notification Bell.
It helps us to keep producing these videos for you!
π₯ π₯ π₯ FOLLOW US HERE π₯ π₯ π₯
TRADING SIGNALS https://t.me/AltcoinBuzzSignals
ALTCOIN BUZZ CHAT https://t.me/AltcoinBuzzChat
TOP CRYPTO NEWS https://www.altcoinbuzz.io
FREE NEWSLETTER http://eepurl.com/dnIEz1
TWITTER https://twitter.com/altcoinbuzzio
β PARTNER LINKS β
Cryptocurrency And Bitcoin Visa Card - GET $25 FREE ON
βΊ CRYPTO.COM https://platinum.crypto.com/r/ab *Code is AB
Trade On Binance!
βΊ https://www.binance.com/en/register?r... *Code is UAMKZ47P
CRYPTOCURRENCY MARKET PRICES AND DATA
βΊ COINGECKO https://gcko.io/altcoin-buzz
πΊ NOTE If you use the above referral links, we receive a commission at no additional cost to you.
β DISCLAIMER β
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
#polkadot #dot #parachain
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