Glossary

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Polkadot

(DOT)

The native asset of Polkadot, a network that connects many blockchains.

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What is Polkadot?

Polkadot (DOT) is the native cryptocurrency of the Polkadot network, which is built to let separate blockchains connect and share information. It aims to make different chains work together.

What it is used for

DOT is used for staking and for governance, giving holders a say in how the network develops. As with any crypto asset, its value can move sharply.

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Polygon ›

Related terms

Polygon

A network and token built to make Ethereum transactions faster and cheaper.

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Peer-to-peer

Direct exchange between two parties without a central intermediary.

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Oracle

A service that brings outside data onto a blockchain.

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