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).
Where is Polkadot available for purchase?
You can exchange DOT tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Polkadot is HTX, notably the DOT/USDT pair, which saw a trading volume of $ 14,60 MLN. in the past day. Additionally, BVOX and Binance are popular alternatives for trading tokens.
What is the highest value Polkadot (DOT) has ever reached?
Polkadot (DOT) reached its peak price at 54.98 $ on 04 November 2021, approximately 4 years ago ago. Presently, the current price is -92.7% lower than this all-time high.
What is the historical minimum price for Polkadot (DOT)?
The minimum price reached for Polkadot (DOT) was 2.7 $, documented on 20 August 2020, more than 5 years ago. In comparison, the current price is 48.51%, it above this historical low.
What is the fully diluted valuation of Polkadot (DOT)?
The fully diluted valuation (FDV) of Polkadot (DOT) stands at $ 5,88 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of DOT tokens. The realization of this FDV might take several years depending on the emission schedule of DOT tokens.
How to add Polkadot (DOT) to MetaMask?
By integrating Polkadot (DOT) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import DOT as a token. You can either manually import DOT by copying its contract address (0x8d010bf9c26881788b4e6bf5fd1bdc358c8f90b8) or use MetaMask's Chrome extension to add DOT with a single click through P.CASH.
How to add Polkadot (DOT) to TrustWallet?
Incorporating Polkadot (DOT) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include DOT, you can either manually import it using the contract address (0x8d010bf9c26881788b4e6bf5fd1bdc358c8f90b8) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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