Polkadot (DOT) is a protocol connecting various chains to leverage data from various networks founded in 2016 by Dr. Gavin Wood and his team. DOT is an asset for staking, governance, and connectivity with other networks.
What Makes DOT Unique?
- Shared security and flexibility to link with other blockchains
- Voting access to improve the network
- Easy to upgrade
What Affects the Price of DOT?
- Market’s supply and demand
- Project news and developments
What Gives DOT Value?
Polkadot (DOT) unites every dot/chain to connect without using a third party. It allows the network to work faster and more scalable via parallel blockchains.
How Secure Is The Polkadot (DOT) Network?
To secure the network, Polkadot (DOT) employs the mechanism of Proof-of-Stake (PoS)
How many DOT tokens are there?
According to Coinmarketcap, Polkadot (DOT) has a circulating supply of 1,128,405,309 DOT tokens (October 2022).
Should you invest in Polkadot (DOT)?
Polkadot (DOT) is fast-growing blockchain technology. It is deemed an “Ethereum killer,” where it can process transactions quicker and enables everyone to develop their own chain using Polkadot (DOT) platform.