I think Polkadot's competitor should be ICP. I listened to the meeting yesterday and heard that ICP will continue to optimize the cross-chain network $DOT .
I hope ICP$ICP and Polkadot$DOT can collaborate Because the subsequent Polkadot JAM managed DAPP requires ICP for frontend interaction, and the IC network also needs interaction with Polkadot's ecosystem parachains There is no conflict between the two, and it can also bring greater liquidity Therefore, I chose to invest in these two, and I am looking forward to it
$DOT Bitcoin is 67,000, Polkadot is playing dead, Bitcoin drops a little bit, Polkadot is directly falling, Polkadot, why don't you die? Why do you appear in the crypto market and continue to cheat money? Fuck you!
Let me break down why Polkadot is such a good blockchain platform, but its price is so low. First of all, it is about community governance. When the Polkadot community discussed how to reduce the inflation rate of Polkadot tokens and implemented a vote, the vote was rejected by Giotto, the Polkadot whale, and the community lost the long-cherished wish of Polkadot to reduce inflation. In addition, it recently agreed to shorten the staking unlocking time from 28 days to 2 days, which increased the inflation risk. Secondly, the Polkadot network has a lot of idle developers and KOLs. In the Polkadot ecosystem, however, simple user-oriented products have not been made. Yes, you read that right. Simple user-oriented products have not been made. Public chain networks such as Ethereum and Sol have already completed the launch tower of meme tokens. Simple products like these have no technical understanding costs at all, and ordinary people can also launch their own meme coins. However, the developers of the Polkadot network have never wanted to make them, and they even say that they don’t like this job. As a result, the Polkadot network has high performance but failed to catch up with the meme IPO carnival, thus missing out on this capital feast. In the past, people said that if you are a person with a technical cleanliness, you can understand holding Polkadot. After all, the people Polkadot is not Not ordinary users, but corporate developers or individual developers, it is best to have a certain understanding cost when using it. Now I seem to understand the meaning of this sentence. After all, even simple products cannot be made, and some products that do not meet the actual interests are made. The result is that the market does not recognize the Polkadot ecosystem, and the price cannot rise. The market rises, it may be stable, but the price cannot catch up with the past. If you are not a person who is obsessed with technology, it is recommended to stay away from Polkadot. The reason is very simple. It cannot bring you greater profits, unless you are a developer and want to earn Polkadot in its treasury for cashing out$DOT $ETH $SOL