Best Polkadot (DOT) Wallets in 2024: Full Comparison

Best Polkadot (DOT) Wallets in 2024: Full Comparison

Polkadot (DOT) is one of the largest and oldest decentralized networks in the crypto industry, popular for its sharded multichain architecture and parachains. The protocol’s sharded architecture divides the network into multiple parallel chains (aka the shards) to enhance scalability and throughput. This enables Polkadot to process numerous transactions concurrently …

Read more

How to Stake Polkadot (DOT): The Ultimate Guide

How to Stake Polkadot (DOT): The Ultimate Guide

Cryptocurrency staking is a process where users are able to temporarily lock their tokens in exchange for a reward, most commonly in the form of interest. Unlike blockchains, which are based on the Proof of Work (PoW) consensus algorithm, like Bitcoin, Polkadot makes use of an algorithm called Nominated Proof …

Read more