#8. Polkadot (DOT)

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).

DOT Price Analysis

The price of DOT has gone down -0.37% in the past 24 hours.

Polkadot (DOT) is a cryptocurrency. Polkadot has a current supply of 987,964,778 with 852,647,705 in circulation. The last known price of Polkadot is $4.20 USD and is up 2.46% over the last 24 hours. It is currently trading on 69 active market(s) with $619,756,123.463 traded over the last 24 hours. More information can be found at https://polkadot.network/.