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Polkadot is a decentralized, nominated proof-of-stake blockchain platform designed to enable interoperability between various blockchains. Its native cryptocurrency is DOT. Key Features: Interoperability: Polkadot facilitates cross-chain transfers of data and assets, allowing different blockchains to communicate and operate together seamlessly. Scalability: Through its sharded multi-chain network, Polkadot can process multiple transactions in parallel, enhancing scalability compared to traditional blockchains. Shared Security: Parachains connected to Polkadot's central Relay Chain benefit from shared security, eliminating the need for individual chains to establish their own validator networks. Historical Background: Polkadot was conceived by Ethereum co-founder Gavin Wood, along with Robert Habermeier and Peter Czaban. The project's white paper was published in 2016, and it raised over $144 million in its initial coin offering in October 2017. The main network launched in May 2020, with the first parachains going live in December 2021. Recent Developments: Polkadot is undergoing significant upgrades under the banner of "Polkadot 2.0," aiming to enhance flexibility and scalability. These upgrades include async backing, agile coretime, and elastic scaling, which allow parachains to adjust their computational resource usage based on demand. For a visual explanation of Polkadot, you might find the following video helpful:
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#ElSalvadorBTCReserve $BTC ...
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#CorePCESignalsShift Use MA on your own Choice. @Binance Square Official
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What is monitoring theme? Monitoring cryptocurrency refers to the process of tracking the performance, price changes, trading volume, and other relevant metrics of various cryptocurrencies. This is typically done using various tools or platforms that provide real-time data to investors and traders, helping them make informed decisions. Here are 10 popular cryptocurrencies often monitored: 1. Bitcoin (BTC) - The first and most . well-known cryptocurrency. 2. Ethereum (ETH) - Represents smart contracts and decentralized applications. 3. Binance Coin (BNB) - Used on the Binance exchange for various functions. 4. Cardano (ADA) - A blockchain platform for smart contracts and apps. 5. Solana (SOL) - Known for its high throughput and fast transaction speeds. 6. Ripple (XRP) - A digital payment protocol and cryptocurrency designed for cross-border payments. 7. Polkadot (DOT) - Aims to enable different blockchains to transfer messages and value. 8. Chainlink (LINK) - A decentralized oracle network that connects smart contracts with real-world data. 9. Litecoin (LTC) - Created as a "lighter" version of Bitcoin for quicker transactions. 10. Dogecoin (DOGE) - Started as a meme but gained popularity for community support and tips. Monitoring tools often provide charts, alerts, and news related to these cryptocurrencies to keep investors updated on market trends. $BTC #CorePCESignalsShift
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$BTC #USUALBullRun This type of morning star or u can call doji or inside bar or anything... It's a clear cut bullish sign. but time is not favourable. @Binance Square Official
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