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Polkadot [DOT] Rises Over 30%, Rumors Around Coinbase Listing Adds Hope

After the enactment of the supply re-denomination, the total supply of $DOT has been scaled to 1 billion. With the supply denomination, the developers have also given up sudo user to assure complete decentralization of Polkadot. The price of $DOT at 13: 30 hours UTC on 22nd August is $3.88 on Binance; it is trading

After the enactment of the supply re-denomination, the total supply of $DOT has been scaled to 1 billion. With the supply denomination, the developers have also given up sudo user to assure complete decentralization of Polkadot. The price of $DOT at 13: 30 hours UTC on 22nd August is $3.88 on Binance; it is trading

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Altcoin News
polkadot network image
Altcoin News

This Cryptocurrency Price is Set to Scale upto 1000X via ‘Redenomination vote’

The Polkadot blockchain runs on on-chain governance; this implies that votes on the blockchain are binding by code. The blockchain members are currently voting on whether or not to change the total supply.  At the time of genesis, 10 million $DOT tokens were created. Now, the redomination vote proposes a change of underlying denomination of

The Polkadot blockchain runs on on-chain governance; this implies that votes on the blockchain are binding by code. The blockchain members are currently voting on whether or not to change the total supply.  At the time of genesis, 10 million $DOT tokens were created. Now, the redomination vote proposes a change of underlying denomination of