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Back to Blockchains
Polkadot
DOTPublic

Polkadot

Symbol

DOT

Type

Public

Consensus

Nominated Proof of Stake

Launch Date

26-05-2020

Founder(s)

Gavin Wood, Robert Habermeier, Peter Czaban

Developer

Parity Technologies

About Polkadot

Polkadot is a heterogeneous multi-chain blockchain platform designed to enable cross-chain interoperability and shared security. Founded by Ethereum co-founder Gavin Wood and developed by Parity Technologies, Polkadot uses a relay chain architecture that connects specialized blockchains called parachains. The network uses Nominated Proof of Stake consensus and supports forkless upgrades through on-chain governance. Polkadot's ecosystem includes numerous parachains like Moonbeam, Acala, and Astar, each optimized for specific use cases.

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