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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.