What is Polkadot?
Polkadot is an open-source decentralized network for cross-blockchain interoperability.
At the core of Polkadot is the Relay Chain that offers security and consensus. The so-called ‘Parachains’ connect to the main Relay Chain. Each Parachain is more than just a sidechain and can have its own rules and specifications. Parachains are connected by bridges, which also link to Ethereum and Bitcoin.
DOT is the native token that secures the Polkadot network. It could be staked to earn a yield and used in auctions that assign parachain slots.
Polkadot vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, DOT would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of DOT might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including DOT.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
