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Polkadot

DOT Substrate Polkadot Polkadot Ecosystem
$0.7385
-2.68% (24h)

Market Stats

Price
$0.7385
-2.68% (24h)
Market Cap
$1.3B
Volume (24h)
$58.19M
Supply
1.70B DOT
FDV
$1.55B

Shariah Analysis

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Last Screening: Q1 2024

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Trading Signals
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About Polkadot

Polkadot is a groundbreaking blockchain network of networks designed to empower innovators and changemakers by providing a versatile and scalable ecosystem for building transformative applications and blockchains. Governed by DOT token holders, Polkadot boasts one of the largest and most decentralized decision-making communities globally. The platform offers developers multiple pathways to create and deploy custom blockchain solutions, catering to diverse projects and skill sets while ensuring interoperability and scalability across the network. At its core, the Polkadot SDK, built using the robust and secure Rust programming language, enables the creation of custom blockchains, parachains, and rollups. Parachain developers benefit from the Polkadot relay chain, which manages security and consensus, allowing them to focus on features like asset management, governance, and cross-chain communication. Polkadot provides comprehensive tools for building and testing blockchain applications, smart contracts leveraging Wasm or EVM environments, and exploring its architecture designed to deliver seamless security, scalability, and interoperability across chains.

Consensus Mechanism

Nominated Proof of Stake