What is Polkadot?

in #polkadot2 months ago

*Polkadot is an open source sharding multichain protocol that facilities the cross-chain transfer of any data or asset type. It make the blockchain interoperable with each other.

*Polkadot protocols connect public as well as private chains, oracles, permission less network, and future technologies.

*It allows independent blockchain to share information and transaction through the Polkadot relay chain.

*Polkadot parallel processing power improves the scalability of the network. It is shared multichain network than can process multichain transaction on several chain in parachains.

*Customs blockchain can be easily connected with Polkadot network within minutes.

Founder of Polkadot

*Polkadot was founded by Dr. Gravin wood , Robert habermeier and Peter Czaban.

Circulation of Polkadot

*Polkadot has a total supply of 1,416,687,271 tokens.

*Currently 1,416,687,271 tokens are circulating in market with a market cap at top 12th number among other cryptocurrencies.

What makes Polkadot unique

*Polkadot can joins multi different blockchain together and its a multichain network.

*If any other developers wants to built there own blockchain, that can be interact with any other blockchain in this Polkadot network.

*Polkadot transactions are processed on the network's relay chain and Polkadot takes care of its validating transaction.

Where you can buy Polkadot

*If anybody wants to invest in Polkadot they can invest in many exchanges like- Binance, Bybit, OKX, Coinbase exchange, Gate.io, HTX and Kraken.

Technical and Future of Polkadot

*As i have shown below in my chart that in October 2020 Polkadot has left liquidity at 3.59$ and it take this liquidity level in 2023 October at 3.55$

*Polkadot has made an order block at 4.26$ and there is a high chance to take it in next 2-3 months.

*If any one wants to invest in Polkadot just wait to its level of order block if it comes there or nearby you can just invest in and can earn good profit in 2025.
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