Polkadot DOT
Rank #54
$0.913295
▲
4.49% 24h
Market data updated 2 minutes ago
⚡ Auto-Brief & Intelligence Snapshot
#54 by Market Cap
Polkadot (DOT) is trading at $0.913295 (+4.49% 24h) with a 24-hour volume of $131.17M. The token currently sits -98.3% from its all-time high of $54.98.
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About Polkadot
Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology.
Polkadot is heterogeneous because it is entirely flexible and makes no assumption about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfill a set of criteria.
Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic, Namecoin and Bitcoin) except with important additions: pooled security and trust-free interchain transactability.
Many of the native parachains of Polkadot will be written using a Polkadot Runtime Environment SDK (e.g. Parity Technologies' Substrate).
