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Polkadot

DOT
$1.2317-0.02%
via CoinPaprikaWebsite

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Polkadot is a multi-chain network that connects independent blockchains — called parachains — into a single interoperable ecosystem. Parachains lease slots on the Relay Chain, sharing its security while running their own consensus and token economics. Founded by Ethereum co-founder Gavin Wood, Polkadot pioneered the concept of shared security for sovereign chains. DOT is used for governance, staking, and bonding parachain slots.

InteroperabilityParachainsShared SecurityLayer 0Governance