Polkadot (cryptocurrency)

Polkadot Network
Denominations
CodeDOT
Subunits
 100 PlanckPlanck
 104 PlanckMicrodot (uDOT)
 107 PlanckMillidot (mDOT)
 1010 PlanckDot (DOT)
 1016 PlanckMillion (MDOT)[1]
Development
Original author(s)Gavin Wood
White paperhttps://polkadot.network/PolkaDotPaper.pdf
Implementation(s)polkadot, gossamer
Initial releaseMay 26th, 2020
Code repositorygithub.com/paritytech/polkadot-sdk
Development statusActive
Ledger
Timestamping schemeProof of stake
Website
Websitepolkadot.network

Polkadot is a blockchain platform. The native cryptocurrency for the Polkadot blockchain is the DOT.[2] It is designed to allow blockchains to exchange messages and perform transactions with each other without a trusted third-party. This allows for cross-chain transfers of data or assets, between different blockchains, and for decentralized applications (DApps) to be built using the Polkadot Network.[3]

Polkadot relays.
Gavin Wood, founder of Polkadot.
  1. ^ Ferran, Taylor. "Pokadot(DOT)". polkadot. Retrieved 28 Jan 2023.
  2. ^ "Ethereum Blockchain Killer Goes By Unassuming Name of Polkadot". Bloomberg. October 17, 2020. Retrieved July 14, 2021.
  3. ^ "True interoperability". Polkadot. Retrieved 13 Feb 2022.

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