Polkadot Ecosystem

Polkadot stands out among other blockchain projects for its focus on enhancing the foundational infrastructure of dApps. It aims to enable interoperability between blockchain ecosystems, facilitating seamless communication without intermediaries. Functioning as a "network of networks," Polkadot utilizes parachains — specialized blockchains with unique functionalities and tokens — to enable interaction between diverse blockchain architectures. Powered by the nominated proof-of-stake (PoS) consensus algorithm and drawing inspiration from the Ouroboros protocol, Polkadot offers a robust framework for building interconnected and scalable decentralized systems.

Token symbol:
DOT

Scalability Metrics:
Polkadot Ecosystem TPS is 2.32 transactions per second
Polkadot Ecosystem Max TPS is 462.7 transactions per second
Polkadot Ecosystem Max Theoretical TPS is 100,000 transactions per second
Polkadot Ecosystem transaction volume is 8,354 transactions
Polkadot Ecosystem block time is 6s
Polkadot Ecosystem finality is 30s
Polkadot Ecosystem has 690,925,856 total transactions since its TGE
Polkadot Ecosystem is a blockchain ecosystem
Polkadot Ecosystem was launched on May 26, 2020 (6 years ago)

Decentralization Metrics:
Polkadot Ecosystem nakamoto coefficient is 178
Polkadot Ecosystem has 600 validators
Polkadot Ecosystem stake is $1.071B
Polkadot Ecosystem consensus mechanism is Nominated Proof of Stake
Polkadot Ecosystem governance is on-chain

Developer Activity Metrics:
Polkadot Ecosystem has 8,971 developers
Polkadot Ecosystem has 486 repos
Polkadot Ecosystem has 683,591 commits
Polkadot Ecosystem has 34,946 stars
Polkadot Ecosystem has 5,074 watchers

Financial Metrics:
Polkadot Ecosystem revenue is $0
Polkadot Ecosystem average transaction fee is $0
Polkadot Ecosystem price is $1.271
Polkadot Ecosystem market cap is $2.115B
Polkadot Ecosystem fully diluted valuation (FDV) is $2.669B
Polkadot Ecosystem market cap to FDV ratio is 79.26%