Polkadot (blockchain platform)
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| Development | |
|---|---|
| Original author(s) | Gavin Wood |
| Written in | Rust |
| Developer(s) | Parity Technologies, Chainsafe Systems, Soramitsu[citation needed] |
| Ledger | |
| Timestamping scheme | Proof of stake |
| Website | |
| Website | polkadot |
Polkadot is a sharded heterogeneous multi-chain architecture which enables external networks as well as customised layer one "parachains" to communicate, creating an interconnected internet of blockchains.[citation needed] The cryptocurrency uses proof of stake.[1]
The protocol was created by the Ethereum co-founder Gavin Wood[2] and is developed by Parity Technologies.[citation needed]
In June 2021, Coinbase added Polkadot to its cryptocurrency trading platform.[3][unreliable source?]
Polkadot's first token sale closed on October 27, 2017 raising a total of 485,331 ETH (Ether, the currency of the Ethereum blockchain).[4] July 2021 Polkadot shed[5] upto 7%:
| Crypto | Price | % change |
| Bitcoin | $32,975.24 | -1.17% |
| Ethereum | $2,120.97 | - 6.07% |
| Tether | $1 | - 0.10% |
| Binance Coin | $308.79 | - 4.13% |
| Polkadot | $15.37 | - 4.95% |
References
- ^ Piven, Ben (13 May 2021). "After Musk Bitcoin U-turn, which coins are more climate friendly?". www.aljazeera.com. Retrieved 5 July 2021.
{{cite web}}: CS1 maint: url-status (link) - ^ "The Hottest ICOs Are the Ones That Have Done the Least Amount of Work". Bloomberg Technology. Retrieved 19 December 2017.
- ^ GmbH, finanzen net. "Coinbase adds Polkadot's DOT to its selection of tradable cryptocurrencies, fueling the bull case for ethereum's closest rival". markets.businessinsider.com. Retrieved 2021-07-05.
- ^ "Polkadot passes the $140M mark for its fund-raise to link private and public blockchains". techcrunch.com. Retrieved 2018-01-17.
- ^ Nahar, Pawan. "Top cryptocurrency Prices Today: Ethereum, Dogecoin and Polkadot shed upto 7%". The Economic Times. Retrieved 2021-07-14.
External links
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