CRYPTOCURRENCY RESEARCH

Polkadot (DOT): 10 Things You NEED TO KNOW

Polkadot is a network protocol that allows arbitrary data — not just tokens — to be transferred across blockchains.

Decentralized Web 3.0, Blockchain interoperability platform. That’s what they’re labeling themselves as right now. I know sounds really complex. So whether you already know about it or you’re just trying to find a little bit more info on it, I can almost guarantee you that there’s going to be something you learn from this article.

So here are 10 things you need to know about Polkadot.

1- Who created Polkadot?

The first thing you need to know is who’s behind this, who created Polkadots? There are multiple co-founders on the leadership team, the executive team but the most prominent figure right now could arguably say; It’s Gavin Wood. Some of you who’ve been invested in the crypto world for a while may recognize that name. Gavin Wood, he was one of the co-founders of Ethereum. And his resume really speaks for itself. He’s the founder of Web 3.0 foundation, he’s…