Polkadot ($DOT ) What is Polkadot? 🔴 Polkadot is a network that connects different blockchains so they can work together. It was created by Dr. Gavin Wood, co-founder of Ethereum. #Polkadot $DOT (Image: the DOT coin graphic above) How does it work? ⚙️ At the center is the Relay Chain. Independent blockchains called Parachains connect to it and share its security, so each project doesn’t have to build its own. (Image: the Relay Chain and Parachains diagram What is DOT used for? 🪙 Governance: vote on network decisions Staking: help secure the network and earn rewards Bonding: help connect new Parachains Its biggest strength 💪 Interoperability. Different chains can exchange data and assets without relying on centralized bridges.