Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
Currently the 12th largest cryptocurrency, Polkadot (DOT) is trading at $6.5, showing a drop of 11% over the past seven days.
Its market capitalization stands at $7,042,122,312. Read Price Prediction for Polkadot [DOT] for 2023-24 Following FTX’s demise, the price of DOT was around $6 and it has caught up with the previous level in the past few weeks.
In a blog post published on 26 September, 2022, the Polkadot team provided updates on their Roadmap Roundup. The post described the Asynchronous Backing which aims to accomplish three things: reduce the duration of parachain blocks to six seconds, increase the amount of block space available to each block by a factor of 5-10, and allow parachain blocks to be reused when they don’t make it onto the relay chain on the first try.Read more on ambcrypto.com