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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 avoid the use of small decimals and make calculation easier. While all balances were increased by a factor of one hundred, this did not impact the distribution of DOT or holders’ proportional share.
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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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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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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 use...
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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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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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How Many Chainlink (LINK) Coins Are There in Circulation?
During the initial coin offering (ICO) for LINK, Chainlink announced a total and maximum supply of 1,000,000,000 LINK tokens.
According to the ICO documentation:
- 35% of the total token supply will go towards node operators and the incentivization of the ecosystem.
- Anoth...
How Many Elrond (EGLD) Coins Are There in Circulation?
According to CoinMarketCap, the Elrond economic model has a limited supply that starts at 20,000,000 EGLD, with new tokens minted to reward network validators.
The maximum supply can never exceed 31,415,926 EGLD, but this number will decrease as more transactions are proce...
How Many Terra (LUNA) Coins Are There in Circulation?
It has a circulating supply of 400 Million LUNA coins but unlimited supply and it might be very risky to invest money in this kind of projects.
If you are looking to buy or sell Terra, Bitfinex is currently the most active exchange.
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