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What is Polkadot (DOT)?

Polkadot is a network protocol that allows arbitrary data —not just tokens— to be transferred across blockchains.

This interoperability seeks to establish a fully decentralized and private web, controlled by its users, and simplify the creation of new applications, institutions and services.

Polkadot can transfer this data across public, open, permissionless blockchains as well as private, permissioned blockchains.

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The Polkadot protocol connects public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot relay chain (explained further down).

Polkadot’s...

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What Makes Polkadot Unique?

Polkadot is a sharded multichain network, meaning it can process many transactions on several chains in parallel (“parachains”). This parallel processing power improves scalability.

Custom blockchains are quick and easy to develop through t...

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How Many Polkadot (DOT) Tokens Are There in Circulation?

Polkadot currently has an allocation of 1 billion DOT tokens, following the network’s redenomination from an initial maximum supply of 10 million in August 2020.

The redenomination was undertaken purely to ...

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How is the Polkadot Network Secured?

Polkadot’s mass interoperability through a set of common validators helps to secure its multiple blockchains and allows them to scale their transactions by spreading their data across many parachains.

The network uses the NPoS (nominated proof-of-stake) mechanism to select ...

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Who Are the Founders of Polkadot?

Polkadot was founded by the Web3 Foundation, a Swiss Foundation founded to facilitate a fully functional & user-friendly decentralized web as an open-source project.

Its founders are Dr. Gavin Wood, Robert Habermeie...

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The top exchanges for Polkadot (DOT) trading are currently:

Binance
Huobi Global
HBTC
OKEx
Binance.KR

Don’t Risk More Than You Can Afford to Lose!

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Money is a terrible master but an excellent servant.

P.T. BARNUM

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The network has a highly sophisticated user-driven governance system that also helps to secure it.

Communities can customize their blockchain’s governance on Polkadot based on their needs and evolving conditions.

Nominators, validators, collators an...

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Polkadot has four core components:

Relay Chain: Polkadot’s “heart,” helping to create consensus, interoperability and shared security across the network of different chains;
Parachains: independent chains that can have their own tokens and be optimized for specific use cases;
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