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Polkadot

DOTRank #49
Smart Contract Platform · Polkadot Ecosystem
$0.9565
+4.36% (24h)
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Updated 04:14 UTC
PriceUSD · Candlestick

Key Stats

Market Cap
$1.62B
24h Volume
$126.15M
Circulating Supply
1.69B DOT
Max Supply
2.1B DOT
All-Time High
$55
All-Time Low
$0.8929
Rank
#49
Volatility (30d)
1.6%

About Polkadot

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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