Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polkadot Forum => Topic started by: Goldlife on February 28, 2021, 07:16:48 AM
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After a bumpy start that included the hacking of 60% of the firm’s ICO funding, Polkadot is finally ready for public usage. This next-generation blockchain brings a host of new functionality and interoperability to the market. Consequently, Polkadot is one of the most anticipated projects in the sector at this time. Here are some of the reasons why this platform continues to garner new support.
What is Polkadot (DOT)?
Polkadot is a multi-chain application environment that enables cross-chain interoperability on a level previously unimaginable. Specifically, Polkadot allows users to send more than just tokens across blockchains. Polkadot allows these networks to communicate actual data.
What Problems Does Polkadot (DOT) Solve?
Polkadot attempts to tackle one of the most pressing issues facing the blockchain sector, interoperability. Currently, the market is in a state of extreme compartmentalization. Blockchains function as separate islands of data with little way of leveraging the information the other networks posses. Polkadot eliminates these concerns through the integration of a variety of proprietary technologies. Notably, Polkadot is even able to communicate information from private blockchains to public networks and vice versa.
More info:
https://www.securities.io/investing-in-polkadot-dot-everything-you-need-to-know/