What is Polkadot (DOT)? Is it a good investment in 2023?
What is Polkadot?
Polkadot a protocol crafted with the aim of establishing a network comprising interconnected blockchains. Through this innovative approach, independent blockchains can effectively collaborate and exchange information. It’s also designed to be fast and scalable.
In recent years, numerous blockchain projects have shifted their focus towards improving general infrastructure rather than concentrating solely on specific applications. Polkadot is a standout example in this realm, regarded as one of the most successful projects dedicated to enhancing the fundamental technology behind decentralized applications (dApps). By prioritizing infrastructure-related improvements, it plays a vital role in advancing the underlying technology that powers dApps, contributing to the overall growth and development of the blockchain
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