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.
Web3 interoperability blockchain Polkadot (DOT) has ushered in a new era with the launch of its open governance platform, OpenGov. This highly anticipated development signals a significant
Polkadot (DOT) has accumulated more than 10% over the past seven days as the network becomes the industry’s most active in terms of developer commits on
The Polkadot ecosystem is one of the most active networks in the blockchain space. Over the last week, several developments took place in its ecosystem. Firstly,
A looming hazard of a ‘crypto winter’ hangs as Bitcoin (BTC) tumbled below $26K. Ethereum along with major cryptocurrencies traded in a sea of deep red.
The crypto market showed positive signs after Bitcoin (BTC) closed in green following nine consecutive weeks of tracking losses during the close. Ethereum (ETH) and all
Bitcoin (BTC) continued to drop for four straight days crashing down to almost a four-month low since January and a decline of more than 25% year
Cryptocurrency market volatility continues to pummel the prices of digital tokens with Bitcoin (BTC) remaining below the $40k mark for the majority of the week, falling
Data indexing solution SubQuery has announced the launch of a $500,000 grant program to boost teams building on Polkadot Network.
![Assessing what's driving Polkadot's [DOT] appeal](https://crypto-economy.com//wp-content/uploads/2021/11/polkadto.jpg)
Polkadot is still one of the most appealing investments in the crypto market and is the most commonly held crypto by funds. According to a new
The Polkadot ecosystem is all set to begin its new era as the Polkadot parachain auctions are going to start from tomorrow, Thursday, November 11.
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