DeFi Llama accounts for Polkadot’s overall TVL. Polkadot’s sudden rise can’t be explained by the movement of TVL projects. Over the previous 30 days, Polkadot’s ($DOT) total value locked has increased by more than 1,000 percent according to DeFiLlama. However, a closer look at the data shows that this seems
Polkadot Decoded has previously been an online-only event. Several Polkadot’s parachain project leaders will provide keynote speeches. Proposals are being accepted for the Polkadot (DOT/USD) Decoded event. The community will vote on the best workshop or in-person presentation ideas submitted by developers and community members. This year’s Polkadot Decoded event
San Francisco, United States, 11th March, 2022, Chainwire With 320,000 mobile downloads and moving over two billion data payloads per day, the project secured the 11th parachain slot with $42M worth of DOTs committed to their crowdloan Nodle, one of the world’s largest decentralized wireless networks that is powered
Since the beginning of the year, the crypto market is experiencing a bearish run disappointing the traders and investors. It’s been a hectic couple of months for big investors as they didn’t witness any huge gains. Similar to other mainstream cryptocurrencies, Polkadot also had been experiencing a bearish trend. However,
Polkadot aims to use its on-chain treasury to support its Pioneers Prize program. The Polkadot Pioneers Prize will be administered by an elected curator. Polkadot, a popular blockchain technology, has announced a $20 million investment in DOT to support the growth of its ecosystem and Web3. It is said that
Proof of Work relies on processing capacity to solve mining riddles. Ethereum is still based on Proof of Work. A research organization has attempted to measure the precise variations in energy use by some of the most popular crypto blockchains over the last several years. In a study by Ulrich
Since the crypto market is huge, the strength of cryptocurrencies is measured with their market capitalization and trading volume. Several crypto tokens are based on different blockchains having various features and solutions for addressing challenges. Moreover, there are coins based on the Polkadot ecosystem, BSC ecosystem, Solana, and Avalanche ecosystems.
Moonbeam network has launched on Polkadot. The platform allows over 80 other projects the opportunity to deploy. Moonbeam, the first smart contract platform compatible with Ethereum, has launched on Polkadot. Moreover, Moonbeam stays as the first completely operational project on Polkadot following the launch. Moonbeam allows over 80 other projects
Ethereum has much more open-source developers than Bitcoin. Polkadot has more significant development activity than other big coins. Ethereum still has a larger pool of developers than any of its competitors, but the rival’s pool is expanding quickly. Research firm Electric Capital revealed data on the blockchain development environment on
The project has various features that improve its desirability for investors. Traders should anticipate some stability around $31. Polkadot(DOT) is a project on its own blockchain that enables any other blockchain to be ‘connected’ to it utilizing unique technical techniques. This permits data to be exchanged across multiple blockchains and
