Polkadot is a cryptocurrency and a blockchain on which many other coins are dependent. It was launched on May 26, 2020, by Gavin Wood who is also the co-founder of Ethereum. As there were already many blockchains present, the Polkadot is not a simple blockchain it is more of a blockchain connector where all the blockchain connects.
It was created after considering the fact that there are so many blockchains and there’s no proper medium of connecting safely. The concept of Blockchain Bridge was there but connecting so many cryptos was a big issue so the team ended up looking for alternatives and created this cryptocurrency or blockchain.
This video will include a detailed discussion of the Polkadot blockchain where I will be talking about what it is. How does it work? How can you make a profit out of it? And some examples of the coins that are listed on it.
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