What is DOT ?

DOT (Polkadot) is a multi-chain platform that enables interoperability between different blockchain networks. It was created with the goal of enabling a more connected and inclusive blockchain ecosystem, where different blockchain networks can interact with each other in a secure and efficient manner.

DOT operates as a network of networks, with each network (referred to as a "parachain") able to operate independently and securely while also being able to interact with other parachains on the network. This enables the creation of a more flexible and scalable blockchain ecosystem, where different blockchains can share resources and collaborate with each other.

The DOT token is the native cryptocurrency of the Polkadot network and serves as the backbone of the network's governance model. Token holders can participate in the decision-making process and vote on key network upgrades and proposals.

In summary, DOT (Polkadot) is a multi-chain platform that enables interoperability between different blockchain networks. It aims to create a more connected and inclusive blockchain ecosystem, where different blockchain networks can interact with each other in a secure and efficient manner.