Polkadot News

What is Polkadot in simple terms?

Polkadot is a next-generation blockchain protocol that unites an entire network of purpose-built blockchains. It’s allowing them to operate seamlessly together at scale. It is designed to ensure that the main chain can be upgraded with minimal downtime while providing the ability for developers to write custom consensus algorithms and gas mechanisms.
Polkadot is a platform that serves as a solution to the limitations of current blockchains, such as scalability and security. It aims to connect the blockchain ecosystem by enabling diverse networks to interact with each other using its native DOT token.

Polkadot’s architectural technology

Polkadot is an open-source project that provides a heterogeneous blockchain network, which allows users to build their own blockchains while they are connected to Polkadot’s relay chain. The platform includes parachains and parathreads. Which links to the main Polkadot Relay Chain and can also connect with external networks through bridges.

Is Polkadot better than Ethereum?

Polkadot is a high-performance, scalable blockchain network that can handle over 1000 transactions per second with enterprise-grade security. In comparison, Ethereum supports 13-30 transactions per second most of the time and up to 150 during peak periods. It’s also far cheaper to send DOT comparing to ETH at the moment.

Why is Polkadot so popular?

Polkadot is attracting attention from investors because it will allow developers to link blockchains to the Polkadot system. Developers can create new blockchains, even linking them together into what’s known as a “heterogeneous multi-chain.” This gives Polkadot technology great potential for expansion and use.

Is Polkadot a good investment?

Polkadot cryptocurrency is a good investment for a few reasons. The first reason is that has one of the strongest teams in the space with Gavin Wood, who is also the co-founder of Ethereum. The second reason is its active community which is building Polkadot’s ecosystem. Thirdly, Polkadot’s technology is advanced and has the potential to disrupt many industries like e-commerce and banking because it can help to improve transactions in those sectors efficiently by using its distributing ledger technology.
We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Astar Build the Next Generation of Multichain Native DApps on Astar with Celer IM Astar Network build the next generation of multichain smart contract hub with the support of Celer Network,...
Apillon’s Unified Pricing What is Apillon’s unified pricing and why does it matter? Web3 services should be available at stable pricing, allowing users to devote more time and energy to...
OnFinality integration with Bifrost, to Power Bifrost Cross-Chain Liquidity Solution With API & Nodes Services Onfinality integration with Bifrost by providing API endpoints and...
Acurast Uniting the blockchain world: The role of cross-chain bridges Acurast Uniting The Blockchain World. How cross-chain bridges enable interoperability in Blockchain Cross-chain bridges...
VET – Validator Election Track based on Bifrost OpenGov for the Multichain The Bifrost SLP Validator protocol developed is a liquid staking protocol. Users send the Token they want to...
SubQuery Expands Indexing Support in Cosmos with OKC (OKX Chain) Integration SubQuery’s goal has always been to provide fast and efficient indexing to the widest variety of chains...
peaq  Strategic partnership with OceanProtocol peaq strategic partnership with OceanProtocol, the Web3 platform to unlock data services for AI and business innovation. Through the...
Moonbeam Lands on Collab.Land Moonbeam Lands on Collab.Land. The Moonbeam has added another important tool to support their creators, artists, and projects. Now Moonbeam-based tokens...
Official Launch of Picasso Official Launch of Picasso begin this Friday, November 25th. The Picasso team has been working hard to develop an extensive product suite that has undergone a...
Bifrost Parachain Derivatives vGLMR & vMOVR Bifrost parachain derivatives vMOVR & vGLMR. This Staking Liquidity Protocol (SLP) integration will bring liquidity to both Bifrost and...
Avault integrated with Stargate: Realizing Omnichain Yield With One-click Avault has integrated with Stargate to build the first omnichain yield platform, lowering the threshold for users...
XYFinance Partners with Gametaverse to Facilitate the Best GameFi Portal! XYFinance partners With Gametaverse,  a GameFi performance tracking and managing platform. They are collaborating...
SubQuery Joins Singapore FinTech Festival 2022 SubQuery Joins Singapore FinTech Festival (SFF) 2022, the world’s most impactful financial technology Festival! Since its inception in...
Darwinia 2.0 Will Upgrade Staking Module, Which Allows Users To Earn Staking Rewards Via Nominating Collator Darwinia 2.0 Will Upgrade Staking Module. To make the Darwinia protocol more...
Astar with Covalent API One of the most significant differences between Web3, which is built on blockchain, and Web2 is the transparency of data; it’s possible to trace all on-chain...
Footprint Analytics Now Parses Moonbeam, Letting Users Explore the Ecosystem’s On-chain Data Footprint Analytics Now Parses Moonbeam. Blockchain analysis platform Footprint Analytics...
SubQuery Integration with Osmosis SubQuery Integration With Osmosis.  The SubQuery has extended its data indexing support to Osmosis Zone, a leading DeFi platform in the Cosmos...
Crust Network partners with Oneland to provide decentralized storage for the Metaverse!  Crust Network partners with Oneland — a one-stop finance platform for virtual lands in the...
1 2 3 4 5 47
Market Stats:
BTC Dominance: 53.99%(-0.23%/24h)
ETH Dominance: 17.71%(+0.27%/24h)
Defi Market Cap: $91.99B(-30.77%/24h)
Total Market Cap: $2412.99B(+0.26%/24h)
Total Trading Volume 24h: $45.07B(-37.71%/24h)
ETH Market Cap: $427.26B
Defi to ETH Ratio: 21.53%
Defi Dominance: 3.62%
Altcoin Market Cap: $1110.27B
Altcoin Volume 24h: $31.68B
Total Cryptocurrencies: 30253
Active Cryptocurrencies: 10092
Active Market Pairs: 82511
Active Exchanges: 781
Total Exchanges: 8694
BTC: 66078.62$(-0.09%/1H)
ETH: 3555.34$(-0.41%/1H)
AVAX: 30.02$(-0.35%/1H)
BNB: 604.93$(-0.16%/1H)
MATIC: 0.61$(-0.12%/1H)
FTM: 0.62$(-0.9%/1H)
ADA: 0.41$(-0.26%/1H)
DOT: 6.19$(-0.37%/1H)
UNI: 11.38$(-0.49%/1H)
CAKE: 2.49$(-0.46%/1H)
SUSHI: 0.95$(-0.72%/1H)
ONE: 0.02$(-0.53%/1H)