Polkadot
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Polkadot
Symbol: dot
Market Cap Rank: 8
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Price | $33.84 |
Marketcap | $34,777,252,900 |
Volume (Total) | $1,797,925,548 |
Change (24h) | $ -0.967781197816 ( -2.78% ) |
Total Supply | 1,111,526,325.68115 dot |
About 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).