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Antalya
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521 Review
565.5 Karma

Review on Polkadot [IOU] by Barış D

Revainrating 4 out of 5

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Polkadot's main goal is to provide users with the most robust platform for development, security, scalability, and innovation. Polkadot is the project of the web3 Foundation, a Swiss foundation founded to facilitate a fully functional and user-friendly decentralized Web.
To give an example of this in many collaborations with Polkadot. Researchers from Inria Paris and ETH Zurich, developers of Parity Technologies, and capital partners of crypto funds such as Polychain Capital are working with polkadot to improve the superior implementation of web3.
There are some features in Polkadot. I would like to share them. True interoperability: Provides cross-blockchain transfer of any data or asset, not just tokens.
Economic and transactional scalability: Provides unprecedented economic scalability by providing a common set of validators to secure multiple blockchains.
Easy blockchain innovation: Create a custom blockchain in minutes using the Substrate framework.
User-oriented network governance: It has an advanced management system where all stakeholders have a say. Network upgrades are coordinated on the chain and take effect autonomously.
To summarize briefly, it is a preferred project. As I always say, for those who are going to try it for the first time, I recommend experimenting with small amounts. In addition, it is very easy to reach the platform and communicate.

img 1 attached to Polkadot [IOU] review by Barış D



Pros
  • Good for preventing confusion
  • It is very nicely arranged as a design
  • Communication and conversation with users is at a high level
Cons
  • Cooperation with exchanges should be increased

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