Polkadot Coin Price & Market Data
Polkadot price today is $41.66 with a 24-hour trading volume of $1,641,485,739. DOT price is down -1.0% in the last 24 hours. It has a circulating supply of 1 Billion DOT coins and a total supply of 1.12 Billion. If you are looking to buy or sell Polkadot, Binance is currently the most active exchange.
Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology.
Polkadot is heterogeneous because it is entirely flexible and makes no assumption about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfill a set of criteria.
Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic, Namecoin and Bitcoin) except with important additions: pooled security and trust-free interchain transactability.
Many of the native parachains of Polkadot will be written using a Polkadot Runtime Environment SDK (e.g. Parity Technologies' Substrate).