Who is Gavin Wood?
“Web3” is generally believed to be a term coined by Gavin Wood in 2014. That year, Gavin Wood wrote the Ethereum Yellow Paper, describing the Ethereum Virtual Machine (EVM) in mathematical terms.
Polkadot’s idea is to have the relay chain provide security centrally, while each parachain focuses on its own business logic, with messages able to pass between different chains.
$DOT is the native token of the Polkadot network, which was co-founded by Gavin Wood.

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