DOT

POLKADOT

Polkadot is a platform facilitating trust-free message transfer among diverse blockchains, enabling them to share their unique features while pooling security. It operates as a scalable heterogeneous multi-chain technology, accommodating various chains regardless of their nature or structure. Through pooled security and trust-free interchain transactability, Polkadot resembles a collection of independent chains but with added benefits.


Parachains, the native chains of Polkadot, are typically built using the Polkadot Runtime Environment SDK, such as Parity Technologies' Substrate.


Polkadot's best use lies in its ability to foster interoperability and collaboration among different blockchain networks, enhancing scalability, security, and functionality across the decentralized ecosystem.