What is DOT
The mission of Polkadot’s founders — which includes Ethereum’s co-founder, Dr. Gavin Wood — is to create and facilitate what’s known as Web 3.0. This “new web” will ensure everyone owns their data, instead of centralized companies and authorities having control over everyone’s private information. Polkadot’s main focus is to provide a platform that easily connects multiple blockchains and dApps, allowing them to seamlessly transact tokens and data between one another (known as interoperability). The Polkadot platform will connect all types of blockchains, consortiums, both permissioned and public networks, and other future technologies, allowing them to exchange information in a trustless and decentralized manner. Polkadot’s platform also aims to be user-driven. All stakeholders will have a voice when it comes to platform updates and other developments, ensuring that the platform reflects the community’s values.
