#6 Polkadot (DOT)
One of the more interesting projects I’ve been following recently is Polkadot (DOT-USD).
This open-source sharding protocol is one of the most well-known scaling solutions in the cryptocurrency world.
Polkadot’s goal is quite simple – to solve the interoperability problem in the crypto sector. This means allowing blockchains that don’t normally communicate with each other to do so.
It’s a problem that seems simple to solve but isn’t. In fact, what makes this project unique is the semi-kadot network of parallel chains in the first layer (or parachains). The great interest in large crypto-projects in Polkadot chains has led to rather interesting auctions that have increased the demand for DOT tokens.
As the Polkadot network grows, the value of the DOT token itself should also grow. We are clearly in a slow-growth environment at the moment. However, if the situation changes, there are a lot of things we like about how Polkadot is set up for long-term growth.