Polkadot (DOT) is a next-generation blockchain protocol uniting an entire network of specialized blockchains into one unified ecosystem. It enables cross-chain transfers of any type of data or asset—not just tokens—facilitating interoperability and scalability across multiple blockchains.

WHAT IS POLKADOT (DOT)?
Polkadot is an open-source multichain protocol designed to enable seamless communication between different blockchains, whether public or private. Developed by Ethereum co-founder Dr. Gavin Wood, it aims to create a truly decentralized web where users are in full control of their data and identity.

KEY FEATURES

• Interoperability: Polkadot connects multiple blockchains into a single network, allowing them to share data and functionality securely.

• Scalability: By using parallel chains (parachains), Polkadot processes many transactions simultaneously, avoiding network congestion.

• Shared Security: All parachains benefit from the pooled security of the Polkadot Relay Chain, enhancing resilience and trust.

• On-Chain Governance: DOT holders participate in decision-making processes, including protocol upgrades and network developments.

• Customizable Blockchains: Developers can create purpose-built parachains tailored to specific applications or industries.