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Sunday, July 6, 2025

What Is Polkadot and How Does It Work? - Cryptocurrency News - The Market Periodical

Polkadot is a protocol that connects blockchains and allows data to be sent across incompatible networks like Ethereum and other networks. The primary purpose of why Polkadot was created is because of how fast and scalable it is.
Moreover, the DOT token is always used for governance and staking so that you can buy it on any exchange platform like Binance, Crypto.com, and more. Like other cryptocurrencies, it’s a decentralized coin that can be purchased and solid on exchange platforms like you would buy Ethereum and other currencies.
Is Polkadot a cryptocurrency that interests you? Well, don’t go anywhere because, in this article, we will discuss more about the mysterious cryptocurrency many underestimate.
Let’s dive right in!
How does Polkadot work?
Polkadot is a cryptocurrency coin that can process large amounts of information compared to other cryptocurrencies. The large amounts of parachains do lots of heavy work for the main relay chain. The Polkadot network can process over...



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