Why am I #bullish on #POLKADOT?

Please forgive me as I start to write more often I will not just be pulling from my twitter threads but rather pulling from here to there. But I still need to start somewhere… So lets do this together and maybe with your feedback I will get better at what I want to get better at, and find a reason to argue with you on the things I don’t, but no matter what I want your feedback. I am a #DEGEN and this is what I find interesting in #web3 and #blockchain. I am no longer going to be writing only for others ,but also myself… so beware! :-)

I am #bullish on
Polkadot
,
Moonbeam Foundation
(the leading #parachain on #polkadot) and
StellaSwap
(the leading #DEX on #moonbeam and frontrunner in #polkadot)…

A small 🧵👇why I think this is one of the main futures of #blockchain…..

1/

INTEROPERABILITY

Hitting an all-time high of #crosschain messages sent in Aug, Parachains are pushing the limits. The next update for #XCM (cross-consensus messaging) will add some amazing features, improved fee payments, NFT transfers, #APIs for interacting

2/

with #protocols on other chains, and interoperability with external networks like #Ethereum through secure and #trustless bridges.

PARATHREADS

#Parathreads are parachains that connect to Polkadot on a pay-as-you-go basis, without needing to win a parachain auction.

3/

Parathreads will be the fastest way to join the #Polkadot ecosystem and start intergrating quickly because they add the power of the #chain with the convenience of launching a smart contract.

4/

NOMINATION POOLS, NATIVE STAKING

#Nomination #pools are an upcoming feature that will allow people even with small amounts of $DOT to stake without the need for 3rd-party services.

(and I save the best for last!)

5/

ASYNCHRONOUS BACKING

#Asynchronousbacking has the ability to give #Polkadot the edge in scalability! Jumping throughput to between 100k and 1 million #TPS with no impact on security, cut the block time for #parachains from 12 seconds to 6 and increase block space 5–10x.

6/

Besides enhancing the amount of work each parachain can handle, this major #scalability improvement would also optimize network performance, allowing for more #parachains to be registered.

7/

Now for the #numbers that show why all this matters… #Polkadot has gone through a total of 14 #funding rounds raising a total of $293.7 #million dollars with its latest round ending in October of this year. It has a #FDMC of $5.72 #billion with 90.83% in circulation.

8/

It is currently +67.94% from its ATL (all time low) with daily trading over #1milliondollars on 11 #exchanges with it listed on over 52 exchanges that are considered fully vetted and trusted. One of the really good signs #IMO is how steady the price is based on tweet volume.

9/

Over the last month #hype from twitter does not effect the price because the ecosystem is doing what it is saying it is doing, IMO it shows that the market is down and so that as long as you keep doing what you say you will be doing things will stay the same. When the market

10/

tweet volume/price
returns so will $DOT. So the question is, if
Bkchr
is bullish on
Polkadot
(😇) why aren’t you?

Clover Finance
,
Moonbeam Announcements
,
Polkaswap
,
StaFi_Protocol
,
ETHGlobal
,
Nexo
,
SEBA Bank AG
,
Aventus Network
,
Polkadex
,
Dapplist
,
kevin mcclenahan
,
Yahoofinancepr
,
MarketWatch
,
cointelegraph
,
StellaSwap

11/