The price of the Polkadot cryptocurrency saw a major fall on Friday. The price of this digital currency slipped 4.09 percent or Rs 32.97 in the crypto market. After this fall, the price of Polkadot included in the top 10 digital currencies has come down to Rs 774.5. At this price, its market capitalization has also come down to Rs 718.3 billion.
What is Polkadot?
Polkadot is an open-source sharding multichain protocol that allows the cross-chain transfer of any type of data or assets, not just tokens, creating a wide array of interoperable blockchains. Polkadot is a sharded multichain network, which means that it can process multiple transactions on multiple chains (parachains) in parallel. As far as returns are concerned, this cryptocurrency has given a return of 625.46 percent in the year 2021. Its all-time high price has been $55.11. Polkadot is one of the top 10 cryptocurrencies. You can buy Polkadot from many cryptocurrency exchanges. After setting up your trading account on an exchange you will be able to buy or sell Polkadot.
Founded by Web3 Foundation
Polkadot was founded by the Web3 Foundation, a Swiss foundation that was established as an open-source project to build a fully functional and user-friendly decentralized web facility. According to coinmarketcap.com, its founders are Dr. Gavin Wood, Robert Hebermeyer, and Peter Jabain.
DOT tokens serve three purposes
Polkadot's native DOT token serves three clear purposes: providing network administration and operation and creating parachains (parallel chains) by bonding. Wood is the president of the Web3 Foundation, best known for his influence in the industry as the co-founder of Ethereum, the founder of Parity Technologies, and the creator of the smart contract coding language called Solidity.
Also Read: Service Sector PMI: Services sector activities at an 11-year high, PMI rose to 59 in May
RSS said - to send 10-20 tonnes of wheat to Pakistan: Sah Sarkaryavah Dr. Krishna Gopal said - India should follow the religion of its neighbor
During the economic crisis in Pakistan, the Sangh has advised the government to follow the neighboring religion. Sangh's Sah Sarkaryavah Dr. Krishna Gopal said on Thursday that India can send 10-20
UNHRC: India lashed out at Pakistan in the Human Rights Council, raised the issue of the forced disappearance of people in Balochistan
India has retaliated to the statement made by Pakistan in the United Nations Human Rights Council (UNHRC). Using the 'right to reply', India said that the representative of Pakistan has once again
Covid Cases in China: Corona wreaks havoc again in China, recording more than 31 thousand new cases registered in one day
Corona's havoc is being seen once again in China. Record cases of corona have been registered on Wednesday. During the Corona epidemic that started about three years ago, the maximum number of cases
Farmer Protest: Not only in Delhi but also in these parts of the world, farmers came out on the roads with tractors, read what are their demands.
Indian farmers are once again on the streets with their demands. Farmers want to talk to the government about other demands including MSP. At the same time, the government says that this law cannot be
Maharashtra: CM Shinde of Maharashtra will go to Ayodhya, earlier Thackeray was accused of stopping the journey
Maharashtra Chief Minister Eknath Shinde will go to Ayodhya and visit Ramlala. Shinde said this in Nagpur on Tuesday. However, he did not specify the date of the visit.
ICAI CA November 2022: ICAI CA November exam will start tomorrow, these guidelines will have to be followed
ICAI CA November 2022: The Institute of Chartered Accountants of India (ICAI) is all set to conduct the ICAI CA November 2022 exam from 1st November. The final group exams will start tomorrow November
Gaurav Gandhi: The one who treated the heart suffered a heart attack, Jamnagar's famous cardiologist died of a heart attack
A very shocking case has come to light from Jamnagar in Gujarat. Gaurav Gandhi, a famous doctor who treated people's hearts here, died of a heart attack. After this incident, even the doctors are
Russia-Ukraine War: Biden condemns Russia's missile attack on Ukraine, says will give more help to Kyiv
Russia fired several missiles at Ukraine on Monday. Many Ukrainians died in the missile attack. Meanwhile, US President Joe Biden has condemned Russia for these attacks. Biden has also promised to
Russia-Ukraine War: European Union again imposed new sanctions on Russia, blacklisted 200 people
The ongoing Russia-Ukraine war is not taking the name of ending. Meanwhile, the European Union (EU) announced new sanctions on Thursday in a bid to step up pressure on Russia over the war in Ukraine.
The issue of vandalism of Hindu temples was raised in the Parliament of Canada, the MP said - 'Hinduphobia is spreading in the country'
Canada Vandalism of Hindu Temples Gauri Shankar Temple, a prominent Hindu temple in Brampton, Canada was attacked recently. Pro-Khalistan slogans were also written after the vandalism in the temple.
