A Deep Dive Into Polkadot and How DOT Became a Top Ten Crypto Contender

in blockchain •  4 years ago 

Crypto proponents have noticed ten new crypto challengers in the digital assets world, as the Polkadot blockchain (DOT) recently merged to the top spot.

At the time of publication, Polkadot (DOT) was the sixth largest blockchain in terms of market cap as the native currency traded with a touch of more than $ 4 per coin.

There are three main sections to the Polkadot network, which include the main relay chain (Polkadot blockchain), parachain, and bridges.

Parachain consists of heterogeneous blockchain fragments and is all protected by the main Polkadot Relay Chain.

Bridges uses Polkadot protectors to communicate with blockchains such as Ethereum (ETH) or Bitcoin (BTC).

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