Polkadot is a next-generation multichain protocol that connects different blockchains into a unified network. It enables cross-chain transfers of any data or asset types — not just tokens — making a wide range of applications possible.
Polkadot (DOT) Crypto – Price, Exchange & Converter
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Polkadot supports the following networks – see the list below
DOT NetworksSmart contractExchange
PolkadotSmart contract
Polkadot (Binance Smart Chain)Smart contract
0x7083609fCE4d1d8Dc0C979AAb8c869Ea2C873402
DOT Market Data
Polkadot market info
Polkadot Price is $3.3609. Its current circulating supply is dot 1,591,709,618 with a market cap of $5,349,640,723.07.
PRICE
$ 3.3609
MARKET CAP
$ 5,349,640,723.07
24h % PRICE
1.67 %
24H VOLUME
$ 114,080,268.57
7d % PRICE
-3.14 %
COIN SUPPLY
1,591,709,618 DOT
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What is Polkadot crypto?
Polkadot is a protocol in which independent blockchains exchange information. The Polkadot project is the brainchild of the co-founder of Ethereum, Dr. Gavin Wood. Dr. Gavin created Polkadot to make inter-blockchain transactions possible, eliminating the long-standing problem of scalability of a single blockchain.
Polkadot can interact both with relay chains and parachains. Such an ability will allow users more private and efficient transactions. The project’s native token DOT serves mainly three purposes - governance, staking, and bonding. DOT token holders can vote, earn rewards on their stake or add new parachains by bonding. This way the project gives the users full control over the protocol - the ecosystem doesn't have miners. Instead, it leverages a Proof-of-Stake algorithm so the holders can manage protocol upgrades and other fixes. The project uses game theory and rewards users who behave honestly while making cheaters lose part of their stake.
Polkadot (DOT) FAQ
Polkadot allows multiple blockchains (called parachains) to run in parallel while sharing security through a central chain known as the Relay Chain. This enables scalability, high throughput, and secure interoperability between chains.
DOT is the native token of Polkadot, used for governance, staking, and parachain bonding. Holders can vote on upgrades, stake DOT to secure the network and earn rewards, and lock tokens to onboard new parachains.
Polkadot’s security model is based on shared security through the Relay Chain and Nominated Proof of Stake (NPoS). Validators secure the network, while nominators support them by staking DOT.
Disclaimer: it’s crucial to do your own research (DYOR) before engaging in any kind of investment.
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