Tag: Polkadot

Polkadot is a blockchain network protocol that allows arbitrary data, and not just tokens, to be transferred across different blockchains networks.

Dot and KSM Ready To Surge As Parachain Slot Auctions Nears

PrimeXBT Lead Analyst Kim Chua: Dot and KSM Ready To Surge As Parachain Slot Auctions Nears

Polkadot (DOT), the blockchain much touted as the ETH-killer, will finally be on its way to hosting projects on its blockchain in the coming three months. While the exact timing has not been fixed, it is estimated to begin once its canary chain, Kusama (KSM), completes its fifth parachain deployment. What exactly is DOT, KSM, the parachain slot auction and why will the slot auction be positive for the price of DOT and KSM? DOT is the native token for the Polkadot blockchain with smart contract capability that uses a new proof-of-stake consensus mechanism that is vastly different from the other proof-of-stake blockchains out...

Cryptocurrencies, Ethereum, Featured, Polkadot, Trading

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Digital Asset Discretionary Coverage Platform Bridge Mutual Launches BMI Token on Polkastarter

Digital Asset Discretionary Coverage Platform Bridge Mutual Launches BMI Token on Polkastarter

BMI Token Powers Bridge Mutual’s Platform For Protecting Digital Asset Investments Through Peer-to-Peer CoverageHOUSTON, TEXAS Jan 29 2021 (Blockchain Wire)  Bridge Mutual, the decentralized, peer-to-peer discretionary coverage platform for digital assets, today announced the launch of its BMI token on Polkastarter, the Polkadot DEX for cross-chain token pools and auctions. The BMI token will be available on Polkastarter via an Initial DEX Offering (IDO) starting January 30, 2021.Last year alone, an estimated $200 million USD in digital assets were lost in attacks on major services including KuCoin, Harvest...

Blockchain, Polkadot, Press release

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