What is Polkadot: Review, Parachains and DOT Token

What is Polkadot | Incrypted | This article is waiting for you:

How does Polkadot work?

Token DOT

Results

Today, in the “SimpleCrypt” section, we analyze What is Polkadot.

There are many different blockchains in the world, such as Bitcoin, Ethereum, Near, Solana and so on. All of them solve their own problems, covering different areas of activity. So, one of the main problems that does not allow achieving mass distribution of blockchain in the world is that these blockchains practically cannot interact with each other. They lack what is called “blockchain interoperability” or in Russian – “interoperability”. This is exactly what Polkadot is trying to solve.

What is Polkadot? We will explain in 5 minutes! (JustCrypta)