Finance News
By Maheen Hernandez
1 / 12
Polkadot (DOT) Chains and Platforms
2 / 12
The recipients of the Web3 Foundation’s grant scheme covered for 100 projects 83 teams and 24 new chains.
3 / 12
The good thing is that as Polkadot enters 2021, there are growing numbers of ecosystem funds revolving around Polkadot to support great projects.
4 / 12
There are a total of 1.02 billion DOT in existence. Reportedly, 63% is locked into the staking system.
5 / 12
About 10.4m DOT has been allocated for use for great proposals. This is expected to increase at nearly 1.
6 / 12
Commenting, Sydney Ifergan, the crypto expert opined: “Polkadot (DOT) in the year 2020 made a lot of launches and 2021 will probably be executions fulfilling the planned road map.
7 / 12
At present, Polkadot is the most decentralized high-value secure network in existence. The recognition for Polkadot got phenomenal and eye brow raising as it just looked…
8 / 12
The beginning of the year was not easy they had to do a lot of fixes. The good thing is that the community are taking a healthy interest in Polkadot’s future
9 / 12
For clarity, Polkadot is a heterogeneous “sharded” multichain. The main aim of Polkadot is to facilitate interoperability within their own parachain shards and also with…
10 / 12
While it cannot be denied that Ethereum is the best for smart contracts, Polkadot are evolving to be the best to facilitate better interoperability and compatibility.
11 / 12
In 2021, we might see Frontier evolve to be a full blown feature. For clarity, Frontier is the codename of Parity’s Ethereum-Substrate compatibility project and it recently…
12 / 12
The most expected are the two inter-chain bridges which have been under heavy development during 2020 with both getting launched in early 2021.
The Currency Analytics
Want the full story?