Polkadot
by Web3 Foundation
Polkadot is a Layer 0 blockchain protocol that connects application-specific chains with shared security and cross-chain messaging.
About
Polkadot is a Layer 0 blockchain protocol that connects application-specific chains with shared security and cross-chain messaging.
Polkadot is a Layer 0 protocol built to support a multi-chain future. It lets application-specific Layer 1 chains, called parachains, plug into a shared-security model based on Nominated Proof of Stake, so new chains do not need to bootstrap their own validator set.
Parachains exchange messages through Cross-Consensus Messaging (XCM), and teams build them with the Polkadot SDK. Developers buy blockspace through agile coretime, and the DOT token is used for governance, staking and resource allocation. Parity is developing JAM as a future successor to the relay chain.
Key features
Product details
Vendor
Web3 Foundation
Category
Blockchain Platforms
Pricing model
usage-based
Starting price
Network fees and coretime paid in DOT
Free trial
No
Deployment
Public network
Company size
Developers, startups and enterprises
Pricing
Pricing model: usage-based
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