What is Polkadot?
Polkadot (DOT) is available to trade in both the Wallet and the Exchange. Nearly two years ago we announced an integration of Polkadot to help accelerate the adoption and decentralization of the network. It’s only fitting that we bring DOT to 70M Blockchain.com Wallets and Exchange users around the world.
Polkadot is a Layer-0 protocol that has been architected to enable best-in-class, cross-chain interoperability and innovate new types of on-chain governance. For the first time, Polkadot allows Layer-1 blockchain developers to collaborate, launch and secure their own blockchains (parachains), and build scalable novel decentralized applications (DApps). To read more about the Polkadot Network, visit their website here.
Polkadot, announced in 2017, is the first project by the Web3 Foundation and one of the most anticipated networks to launch since.
Its first implementation was developed by the founders of Parity Technologies, Dr. Gavin Wood, who also co-founded Polkadot and Ethereum, and Dr. Jutta Steiner, CEO of Parity and Ethereuem’s first Security Chief. Its team created a scalable, governable protocol that enables interoperability between blockchain networks.
In a world with many different blockchain networks, communication between them will be vital and could produce some of the most significant outcomes in cryptocurrencies. The ability to connect disparate blockchains will power many innovative and critical functions that will unleash the potential for genuinely disruptive, mainstream applications.
- Minimum deposit amount is 1 DOT