Polkadot, the brainchild of Ethereum Co-founder Gavin Wood, is now one of the world's leading blockchains. It is unusual in that it supports several linked chains using a Proof-of-Stake consensus process. Indeed, one could argue that the project's linked character has helped it gain a substantial number of users over the previous few years.
Latest news about Polkadot
Polkadot latest news, image, analysis about Polkadot Polkadot, the brainchild of Ethereum Co-founder Gavin Wood, is now one of the world's leading blockchains. It is unusual in that it supports several linked chains using a Proof-of-Stake consensus process. Indeed, one could argue that the project's linked character has helped it gain a substantial number of users over the previous few years.
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While stocks and the majority of cryptocurrencies fell, the Polkadot price fell precipitously on Thursday and Friday morning.
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After starting April on the back of a significant negative pullback, Polkadot's native cryptocurrency DOT has made a 5-day rebound. Its price action, however, was approaching a previously tested resistance zone underpinned by a Fibonacci retracement at the time of publication.
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