Home > web3.0 > What is Polkadot

What is Polkadot

下次还敢
Release: 2024-04-25 15:27:34
Original
760 people have browsed it

What is Polkadot? This is an issue that many netizens are concerned about. Next, the PHP editor will bring you an introduction to the popular meaning of Polkadot. Interested netizens should follow the editor to take a look!

What is Polkadot

Introduction to the popular meaning of Polkadot

1. Polkadot, also known as DOT coin, is the native token of the Poka network.

2. Polkadot Network is a scalable multi-chain network designed to solve scalability and interoperability issues by connecting different blockchains.

3. DOT coins play a vital role in the Polkadot ecosystem, including governance, issuing rewards and ensuring network security.

4. As a governance token, DOT currency holders can participate in network decision-making and vote for on-chain updates and changes.

5. In addition, DOT coins can also be used for pledge to provide incentives for network verifiers and ensure the security of the network.

The above is the detailed content of What is Polkadot. For more information, please follow other related articles on the PHP Chinese website!

Related labels:
source:php.cn
Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Latest Articles by Author
Popular Tutorials
More>
Latest Downloads
More>
Web Effects
Website Source Code
Website Materials
Front End Template