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BTC Dominance
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Last historical data: 2021-01-22T08:14:05.000Z
Decimal places: 0
Algorithm: Scrypt
Prooftype: PoW
Country origin:
Genesis date:
Liquidity score: 80.31
Publi interest score: 0.056
Community score: 41.811
Developer score: 0
Coingecko score: 42.479
Market cap rank: 4
Coingecko rank: 118
Alexa rank: 30578
Bing matches: 0
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).
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