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Polkadot, envisioned by Dr. Gavin Wood, one of the co-founders of Ethereum, is a next-generation blockchain protocol connecting multiple specialised blockchains into a unified network. Designed as part of a broad vision for a web that returns control to individuals over internet monopolies, Polkadot builds on the revolutionary promise of previous blockchain networks while offering several fundamental advantages. The protocol facilitates an internet where independent blockchains can exchange information and transactions in a trustless way via the Polkadot relay chain. Polkadot’s native DOT token serves three clear purposes: providing network governance and operations, and creating para chains by bonding.
