Polkadot (DOT)

Polkadot (DOT)

Coin Information

Flag of Switzerland Switzerland (CH)
Blockchain icon Blockchain: Polkadot
Ticker icon Ticker: DOT
Type icon Type: Cryptocurrency
Company icon Company: Web3 Foundation
Block time (sec) icon Block time (sec): 6
Proof type icon Proof type: Nominated Proof-of-Stake
Algorithm icon Algorithm: Unknown

Market Cap

Fully Diluted Valuation

$8 447 534 737

Coin Supply

Circ icon Circ.: 1 334 616 064(100%)Question Mark Icon
Total icon Total: 1 334 616 064
Max icon Max: 1 000 000 000

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Polkadot Price Chart

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About Polkadot

“Polkadot is a blockchain network being built to enable Web 3.0, a decentralized and fair internet where users control their own data and markets prosper from network efficiency and security. Polkadot was founded in 2016 by Gavin Wood, former Co-Founder and CTO of Ethereum.

Polkadot?s technology addresses the major issues that have stymied blockchain adoption in recent years. Polkadot?s software development toolkit, Substrate, created by Parity Technologies, makes it easy for blockchain developers to build their own custom, fit-for-use blockchains.

Polkadot also enables multiple blockchains to communicate with each other, allows for easy upgradeability, and introduces ?shared security?, a plug-and-play network security model that allows developers to focus on the technology and avoid spending time and resources recruiting a set of operators to run a new blockchain.

In addition, Polkadot provides an infrastructure that can scale along with the adoption of blockchain and cryptocurrency, as the network can spread transactions across multiple parallel blockchains to enable high throughput necessary to reaching the transaction processing capacity of today?s credit card companies. Last, Polkadot is introducing an open governance system, ensuring that Polkadot?s development reflects the values of the community and avoids stagnation.”

Frequently Asked Questions

The current price of Polkadot DOT is 6.34612 USD.
The circulating supply of Polkadot is 1334616064.
The total supply of Polkadot is 1334616064.
The max supply of Polkadot is 1000000000.
Polkadot is based in: Switzerland.
Polkadot is a cryptocurrency running on its own blockchain.
Polkadot reached an all-time-high of 55.0043 USD on 4 Nov 2021.

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