Polkadot
DOTSummary · 1dWait— no screen sets a side here — the Score describes the state and never picks one, so only the levels to watch.
Score −50 · closed bar
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About Polkadot
Polkadot (DOT) is ranked #56 by market capitalisation, at $1.7B. Circulating supply: 1.71B DOT, out of a maximum supply of 2.1B. The price is 98.2% below its all-time high of $54.98, set on November 4, 2021. Categories: Smart Contract Platform, Polkadot Ecosystem, Proof of Stake (PoS), Layer 0 (L0).
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.
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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).
Project description: CoinGecko (in English).