DOT
Polkadot supported
About Polkadot (DOT)
What is
Polkadot is a new generation blockchain protocol that simplifies cross-chain interoperability and communication by bringing multiple blockchains into one network. Designed as part of a broad vision for a web that returns control to individuals over internet monopolies, Polkadot builds on the promise of previous blockchain networks while offering several fundamental advantages.
Features
Polkadot is a new generation blockchain protocol that greatly simplifies cross-chain communication and interoperability by bringing multiple blockchains into one network. This network is going to be secured by a GRANDPA consensus algorithm, tailored for the Polkadot (a flavor of a PoS, detailed information are on Polkadot’s wiki).
The most critical parts of the Polkadot network are Relay Chain, Parachains, Parathreads, and Bridges.
Recovery
You can recover DOT assets in any popular DOT wallet (BIP39/BIP44 compatible) by import mnemonic words.
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