By communicating seamlessly between different and unique chains, the Polkadot network allows much faster transaction times, higher scalability, and enables changes, without the need for hard forks, a fresh look at blockchain technology and something that has excited the entire community.
Polkadot runs on a series of relay chains, parachains, parathreads and bridges, with each one of these components enabling Polkadot to bring multiple different blockchain technologies together, in one network, and in such a way that security, communication, and scalability are improved simultaneously.
The native token for Polkadot is the $DOT token and its purpose is to serve as a governance over the network, staking and for bonding.
All DOT holders have complete control over the Polkadot protocol and with holders managing exceptional events such as network upgrade decisions and fixes.
Altbase has launched a BEP20 version of Polkadot, a pegged 1:1 equivalent that runs on the Binance Smart Chain. Soon to be released updates to the Altbase application are currently in development to run cross-chain services that allow multiple chains from various different networks to be launched, removing the need for pegged tokens altogether. This is just step one of that process.
Cryptocurrency investment activities, including procedures used to buy Polkadot online via the Altbase app are subject to market risk. Altbase provides an easy-way for you to buy Polkadot, and we do our best to fully educate our users about each and every token and altcoin we offer on the exchange, but we are not responsible for the results that could come from your purchase through Altbase. This page and any information in it is not intended to be seen as any kind of advocacy, of any cryptocurrency, token or altcoin or any of the numerous options to obtain it.
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