Polkadot is a blockchain that has a very clear and innovative goal: to function as an interconnection hub for the various existing blockchains.
To this end, Polakadot has two main functions.
The first is to function as a data transmission and processing blockchain. This would allow Polkadot to be an extra layer of scalability for other blockchains.
And the second is independent operation through its own blockchains. Which gives Polkadot the ability to run its own Smart Contracts and host Decentralized Applications (DApps).
Polkadot uses Parachains technology, which allows it to create sub-chains with independent operation from the main chain, known as Relay Chain.
TL;DR Hydration, the largest DeFi protocol on Polkadot, launched HOLLAR, a decentralized, over-collateralized stablecoin backed by DOT, ETH, and BTC. The token will have an initial
TL;DR Polkadot’s DAO approved a referendum establishing a hard cap of 2.1 billion DOT tokens, replacing its previous open-ended inflationary model. The supply, currently around 1.5
TL;DR Polkadot’s Diversification Strategy: The proposal suggests converting 500,000 DOT into tokenized Bitcoin (tBTC) to hedge against market volatility and strengthen the treasury. Measured Conversion Approach:
TL;DR Polkadot’s Resilient Recovery: Amid a crypto market surge and altcoin supply boost, DOT has rebounded to key support levels, presenting a strong buy-the-dip opportunity as
TL;DR Nasdaq filed with the SEC to list a Polkadot ETF in the U.S. on behalf of 21Shares, tracking the spot price of DOT in the
TL;DR Grayscale has filed for approval of a Polkadot-based ETF, joining the trend of new proposals for crypto funds. The crypto market saw significant drops, with
TL;DR Polkadot experienced a 200% increase in monthly transactions in the fourth quarter of 2024, driven by the use of rollups like Neuroweb and Frequency. The
TL;DR Polkadot 2.0 will be launched in Q1 2025, incorporating Elastic Scaling to improve the scalability and performance of the network. Elastic Scaling, currently being tested
TL;DR The Web3 Foundation has awarded a grant to Accelerate Polkadot to provide essential tools and knowledge to developers. Accelerate Polkadot lowers entry barriers through practical,
TL;DR The Polkadot community has approved the JAM update, highlighting its decentralized governance. The update includes significant technical improvements and a 10 million DOT prize for
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