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What is Polkadot?
Polkadot facilitates secure interactions among all blockchains, potentially forming the foundation of the decentralized internet of Web 3.0. The network's structure overcomes limitations inherent in the first generation of single-chain blockchains, particularly issues related to scalability and isolation (incompatibility between different blockchains). Polkadot consists of parachains—individual blockchains linked to a base blockchain (Relay Chain) via special bridges. These bridges also allow the Relay Chain to connect with blockchains that do not use the Polkadot governance structure, such as Bitcoin and Ethereum.
The native token of the network, DOT, serves several functions. Owning this token enables participation in community governance, where token holders possess rights typically reserved for miners in other networks. Additionally, token holders can secure a parachain slot through DOT staking and participating in auctions.
The DOT token is traded on all major exchanges, and our itez service offers you the opportunity to buy DOT directly with a bank card or via SEPA transfer.
buy and hold Polkadot in 3 simple steps
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