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| [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] | [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] | ||
| - | **Polkadot** is an [[dido:public:ra:xapend:xapend.a_glossary:o:oss]] [[dido:public:ra:xapend:xapend.a_glossary:d:dlt]] and [[dido:public:ra:xapend:xapend.a_glossary:c:cryptocurrency]] [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain]] [[dido:public:ra:xapend:xapend.a_glossary:p:platform]] and [[dido:public:ra:xapend:xapend.a_glossary:c:cryptocurrency]] allowing for distributed computing. The network uses a [[dido:public:ra:xapend:xapend.a_glossary:p:proof_of_stake_pos]] c[[dido:public:ra:xapend:xapend.a_glossary:c:consensus_algorithm]]. The [[dido:public:ra:xapend:xapend.a_glossary:p:protocol]] uses [dido:public:ra:xapend:xapend.a_glossary:b:babe]], is derived from Ouroboros. The protocol was adapted by the Ethereum co-founder Gavin Wood and is developed by the Web3 Foundation with the initial implementation by Parity Technologies.[citation needed] | + | **Polkadot** is an [[dido:public:ra:xapend:xapend.a_glossary:o:oss]] [[dido:public:ra:xapend:xapend.a_glossary:d:dlt]] and [[dido:public:ra:xapend:xapend.a_glossary:c:cryptocurrency]] [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain]] [[dido:public:ra:xapend:xapend.a_glossary:p:platform]] and [[dido:public:ra:xapend:xapend.a_glossary:c:cryptocurrency]] allowing for distributed computing. Its internal cryptocurrency is **''DOT''**. |
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| + | The network uses a [[dido:public:ra:xapend:xapend.a_glossary:p:proof_of_stake_pos]] c[[dido:public:ra:xapend:xapend.a_glossary:c:consensus_algorithm]]. The [[dido:public:ra:xapend:xapend.a_glossary:p:protocol]] uses [dido:public:ra:xapend:xapend.a_glossary:b:babe]], is derived from Ouroboros. The protocol was adapted by the Ethereum co-founder Gavin Wood and is developed by the Web3 Foundation with the initial implementation by Parity Technologies. | ||
| In June 2021, Coinbase added Polkadot to its cryptocurrency trading platform. | In June 2021, Coinbase added Polkadot to its cryptocurrency trading platform. | ||