Polkadot Analysis


Brief Description

Polkadot is a blockchain network designed to support various interconnected, application-specific sub-chains called parachains (short for parallelized chains). Each chain built within Polkadot uses Parity Technologies’ Substrate modular framework, which allows developers to select specific components that suit their application-specific chain best. Polkadot refers to the entire ecosystem of parachains that plug into a single base platform known as the Relay Chain. This base platform, which also leverages Substrate, does not support application functionality but instead provides security to the network’s parachains and contains Polkadot’s consensus, finality, and voting logic.

Crypto Category – Smart Contract Platform for Interoperable Blockchains

Mining or Staking Consensus – Not Yet, but coming soon

Polkadot Price Chart

Technical Analysis – Should You Buy DOT Today?

Resources For Due Diligence

Message Boards

Social Sites

Blockchain Explorers

 

 DOT Trading Ideas


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Remember to always do your own Crypto Due Diligence before investing.  If you have any questions, be sure to leave a comment below.

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