follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: What is Polkadot and why is it one of the hottest blockchains right now?  (Read 6903 times)

Offline Monster5

  • Hero Member
  • *
  • *
  • *
  • Activity: 953
  • points:
    28642
  • Karma: 66
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 28, 2024, 07:12:54 PM
    • View Profile

  • Total Badges: 20
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
In a blockchain ecosystem dominated by Bitcoin and Ethereum, Polkadot — which launched only a year ago last May — is already establishing itself as a next-generation blockchain.

Bitcoin’s capability for facilitating value transfer without a central authority faced limitations in scaling and interoperability. This led to the rise of Ethereum and its more flexible network.

Ethereum didn’t only bring about a decentralized system where numerous applications could be built and run without intermediaries; it also created an ecosystem where value could be transferred more flexibly via smart contracts. However, a growing number of projects are being squeezed out by the Ethereum network’s congestion and high gas fees. This is where new rivals like Polkadot come in.

Altcoins Talks - Cryptocurrency Forum


For Monthly biddings Check Here


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod