Is Polkadot the next Ethereum? – Katoch Tubes

DEcoding Polkadot

DEcoding Polkadot

What is Polkadot?

Launched in 2016, Polkadot  is open-source & decentralized blockchain by Web 3.0 foundation. It's also called blockchain of blockchains

Face of Polkadot

Gavin Wood created Polkadot after resigning as the CTO of Ethereum . He's also the co-founder of Ethereum chain.

Key Specs:

1. TPS: 1000 2. NPoS Consensus 3. Layer 0 chain 4. Inflationary token 5. 350+ live Projects

Polkadot Architecture

Read the post to understand Polkadot & why it's called layer 0 chain -

Architecture Visualised

The tree represents the architecture of Polkadot from Relay chain to Bridges. Relay chain is the heart of the Polka chain.


DOT is the native currency of Polka ecosystem. It is used to secure the network and help in bonding, staking and governance. Also check-

What is Kusama?

Kusama is an independent blockchain. Its the test network for startups who wish to test their functionality before rolling out on Polkadot chain.

Polkadot Competitors

There're many chains competing for the same spot -

Is Polkadot a good investment?

DOT is an inflationary token. It won't appreciate faster than ETH or SOL. Its good but not the best investment

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