What is Polkadot (DOT)?
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Our take on PolkadotWe like Polkadot, because it allows developers to build their own blockchains for specific purposes and connect those. In theory this allows for much faster, independent applications. This is like having separate banks in a financial system vs. one bank serving everyone. It remains to be seen if that approach will take the lead and beat out Ethereum or others, but we think it is a strong contender in the race towards the one technology that does it all.
How do you feel about Polkadot?
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What makes Polkadot special?
Interesting facts about PolkadotHere are some facts you may not already know about Polkadot. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
One of the Polkadot founders is the ex-CTO of Ethereum, Gavin Wood.
The entire blockchain only uses the energy of ~7 US households per year, 100,000x less than Bitcoin.
Polkadot can process almost 3x more transactions per second than VISA.
Polkadot reviews from the cryptohunt communityDive deeper into the different opinions about Polkadot and learn how others feels about it.
Don't get me wrong, Polkadot has an excellent team, tech stack, and community, but the tough decision for projects that have already adapted a parachain on Kusama (do we stay on Kusama or try for a parachain on Polkadot) is a hindrance that dApps and protocols on other chains do not need to deal with. That being said, I do appreciate the Moonbeam/Moonriver approach of having a presence on both and hope that more follow their lead.
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Community ReviewsBased on 4 community reviews