Polkadot is a cutting-edge blockchain platform designed to enhance the functionality and interoperability of the blockchain ecosystem. 
Founded by Dr. Gavin Wood, one of Ethereum's co-founders, Polkadot introduces several innovative features.

What is Polkadot?

<ul>
<li>Interoperability: Polkadot allows various blockchains to connect and share data, enabling seamless communication between different networks.</li>
<li>Nominated Proof-of-Stake (NPoS): Polkadot employs NPoS, a unique consensus mechanism that emphasizes decentralization and security. Token holders can nominate validators to secure the network.</li>
<li>Parachains and Parathreads: Polkadot introduces parachains (customizable blockchains) and parathreads (lightweight chains) to accommodate a wide range of use cases on its platform.</li>
</ul>

Reasons To Look Into Polkadot

One of the many ways to invest in crypto would be with Wealthsimple:
<ul>
<li>Wealthsimple excels due to its user-friendly interface, automated investing, diversified portfolios, and low fees. It offers a hassle-free way for both beginners and experienced investors to grow their wealth.</li>
<li>As of September 21, 2023, you can earn a 12% yield by staking Polkadot.</li>
</ul>
Note: Don't invest more than you can afford to lose.

Easiest Way To Get Into Polkadot?

True interoperabilityPolkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network.Economic &amp; transactional scalabilityPolkadot provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. Polkadot provides transactional scalability by spreading transactions across multiple parallel blockchains.Easy blockchain innovationCreate a custom blockchain in minutes using the <a href="https://substrate.io/" rel="noreferrer noopener" dir="ltr">Substrate</a> framework. Connect your chain to Polkadot and get interoperability and security from day one. This ease of development helps Polkadot’s network grow.High energy efficiencyPolkadot consumes a small fraction of the energy used by conventional blockchains thanks to its next-generation nominated proof-of-stake (NPoS) model. Using the equivalent of ~6.6 US households worth of energy per year, Polkadot has the <a href="https://www.bloomberg.com/news/articles/2022-02-02/polkadot-has-smallest-carbon-footprint-crypto-researcher-says" rel="noreferrer noopener" dir="ltr">lowest carbon footprint</a> among proof-of-stake protocols analyzed in <a href="https://www.carbon-ratings.com/dl/pos-report-2022" rel="noreferrer noopener" dir="ltr"> recent research</a>.Security for everyonePolkadot's novel data availability and validity scheme allows chains to interact with each other in a meaningful way. Chains remain independent in their governance, but united in their security.User-driven governancePolkadot has a sophisticated governance system where all stakeholders have a voice. Network upgrades are coordinated on-chain and enacted autonomously and without forking the network, ensuring that Polkadot’s development remains future-proof and community-driven.GovernancePolkadot token holders have complete control over the protocol. All privileges, which on other platforms are exclusive to miners will be given to the Relay Chain participants (DOT holders), including managing exceptional events such as protocol upgrades and fixes.<img alt="" src="data:image/svg+xml;charset=utf-8,%3Csvg height='480' width='480' xmlns='http://www.w3.org/2000/svg' version='1.1'%3E%3C/svg%3E" width="208" height="208"><img src="data:image/png;base64,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" alt="" width="208" height="208"><picture><source type="image/avif" sizes="(min-width: 480px) 480px, 100vw" srcset="https://www.polkadot.network/static/31de88ddd3e42a8d8c548b968702bb80/570c6/staking.avif 120w, https://www.polkadot.network/static/31de88ddd3e42a8d8c548b968702bb80/7234b/staking.avif 240w, https://www.polkadot.network/static/31de88ddd3e42a8d8c548b968702bb80/0f4b9/staking.avif 480w"><source type="image/webp" sizes="(min-width: 480px) 480px, 100vw" srcset="https://www.polkadot.network/static/31de88ddd3e42a8d8c548b968702bb80/507b0/staking.webp 120w, https://www.polkadot.network/static/31de88ddd3e42a8d8c548b968702bb80/8d565/staking.webp 240w, https://www.polkadot.network/static/31de88ddd3e42a8d8c548b968702bb80/21b1a/staking.webp 480w"><img alt="Governance" src="https://d33wubrfki0l68.cloudfront.net/99b4dec352c658ccdaaec274e22c6e2119897b2e/92110/static/31de88ddd3e42a8d8c548b968702bb80/ec333/staking.png" srcset="https://d33wubrfki0l68.cloudfront.net/a5ad9876daabcfeca9640dff695a5d40bbe1dce1/143b9/static/31de88ddd3e42a8d8c548b968702bb80/a8b52/staking.png 120w, https://d33wubrfki0l68.cloudfront.net/ac768d6147594ff3e813275efbe4718642729e6c/929bd/static/31de88ddd3e42a8d8c548b968702bb80/87351/staking.png 240w, https://d33wubrfki0l68.cloudfront.net/99b4dec352c658ccdaaec274e22c6e2119897b2e/92110/static/31de88ddd3e42a8d8c548b968702bb80/ec333/staking.png 480w" width="208" height="208"></picture>StakingToken holders keep the network secure and collect rewards by <a href="https://www.polkadot.network/features/staking/" dir="ltr">staking DOT</a>. Polkadot’s advanced staking system is designed for maximum decentralization and fair representation, rewarding good actors and punishing bad actors to ensure network security.<img alt="" src="data:image/svg+xml;charset=utf-8,%3Csvg height='480' width='480' xmlns='http://www.w3.org/2000/svg' version='1.1'%3E%3C/svg%3E" width="208" height="208"><img src="data:image/png;base64,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" alt="" width="208" height="208"><picture><source type="image/avif" sizes="(min-width: 480px) 480px, 100vw" srcset="https://www.polkadot.network/static/0d59584cba6959ee04495a0b2035b7b4/570c6/bonding.avif 120w, https://www.polkadot.network/static/0d59584cba6959ee04495a0b2035b7b4/7234b/bonding.avif 240w, https://www.polkadot.network/static/0d59584cba6959ee04495a0b2035b7b4/0f4b9/bonding.avif 480w"><source type="image/webp" sizes="(min-width: 480px) 480px, 100vw" srcset="https://www.polkadot.network/static/0d59584cba6959ee04495a0b2035b7b4/507b0/bonding.webp 120w, https://www.polkadot.network/static/0d59584cba6959ee04495a0b2035b7b4/8d565/bonding.webp 240w, https://www.polkadot.network/static/0d59584cba6959ee04495a0b2035b7b4/21b1a/bonding.webp 480w"><img alt="Bonding" src="https://d33wubrfki0l68.cloudfront.net/88486927857d84523083468f663b4f475642b843/dbb1c/static/0d59584cba6959ee04495a0b2035b7b4/ec333/bonding.png" srcset="https://d33wubrfki0l68.cloudfront.net/8edf0bad1033b62a349766a2e22af9721da024fc/9bb1f/static/0d59584cba6959ee04495a0b2035b7b4/a8b52/bonding.png 120w, https://d33wubrfki0l68.cloudfront.net/056d8ae51cbade2b39cac3438165856137abddbf/62978/static/0d59584cba6959ee04495a0b2035b7b4/87351/bonding.png 240w, https://d33wubrfki0l68.cloudfront.net/88486927857d84523083468f663b4f475642b843/dbb1c/static/0d59584cba6959ee04495a0b2035b7b4/ec333/bonding.png 480w" width="208" height="208"></picture>BondingNew parachains are added by bonding tokens. Outdated or non-useful parachains are removed by removing bonded tokens. This is a form of proof of stake.

Polkadot empowers blockchain networks to work together under the protection of shared security. "Don't invest more than you can afford to lose."

Polkadot empowers blockchain networks to work together under the protection of shared security.

crypto

Cryptocurrency

technologyandthefuture

Technology & The Future

cybersecurity

Cybersecurity

computerscience

Computer Science

artificialintelligence

Artificial Intelligence

Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network.

Economic & transactional scalability

Polkadot provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. Polkadot provides transactional scalability by spreading transactions across multiple parallel blockchains.

Create a custom blockchain in minutes using the <a href="https://substrate.io/">Substrate </a>framework. Connect your chain to Polkadot and get interoperability and security from day one. This ease of development helps Polkadot’s network grow.

Polkadot consumes a small fraction of the energy used by conventional blockchains thanks to its next-generation nominated proof-of-stake (NPoS) model. Using the equivalent of ~6.6 US households worth of energy per year, Polkadot has the <a href="https://www.bloomberg.com/news/articles/2022-02-02/polkadot-has-smallest-carbon-footprint-crypto-researcher-says">lowest carbon footprint </a>among proof-of-stake protocols analyzed in <a href="https://www.carbon-ratings.com/dl/pos-report-2022">recent research </a>.

Polkadot's novel data availability and validity scheme allows chains to interact with each other in a meaningful way. Chains remain independent in their governance, but united in their security.

Polkadot has a sophisticated governance system where all stakeholders have a voice. Network upgrades are coordinated on-chain and enacted autonomously and without forking the network, ensuring that Polkadot’s development remains future-proof and community-driven.

Polkadot token holders have complete control over the protocol. All privileges, which on other platforms are exclusive to miners will be given to the Relay Chain participants (DOT holders), including managing exceptional events such as protocol upgrades and fixes.

Token holders keep the network secure and collect rewards by <a href="https://www.polkadot.network/features/staking/">staking DOT </a>. Polkadot’s advanced staking system is designed for maximum decentralization and fair representation, rewarding good actors and punishing bad actors to ensure network security.

New parachains are added by bonding tokens. Outdated or non-useful parachains are removed by removing bonded tokens. This is a form of proof of stake.

Polkadot: Web3 Interoperability | Decentralized Blockchain

What is Polkadot?

Reasons To Look Into Polkadot

Easiest Way To Get Into Polkadot?

Other curated ideas on this topic: