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 0 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 0 transactions
Polkadot Ecosystem block time is 6.05s
Polkadot Ecosystem finality is 30s
Polkadot Ecosystem has 695,998,340 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 $1.23B
Polkadot Ecosystem consensus mechanism is Nominated Proof of Stake
Polkadot Ecosystem governance is on-chain

Developer Activity Metrics:
Polkadot Ecosystem has 8,983 developers
Polkadot Ecosystem has 493 repos
Polkadot Ecosystem has 684,936 commits
Polkadot Ecosystem has 34,964 stars
Polkadot Ecosystem has 5,067 watchers

Financial Metrics:
Polkadot Ecosystem has no data for chain revenue
Polkadot Ecosystem has no data for average transaction fee
Polkadot Ecosystem price is $1.503
Polkadot Ecosystem market cap is $2.514B
Polkadot Ecosystem fully diluted valuation (FDV) is $3.156B
Polkadot Ecosystem market cap to FDV ratio is 79.66%