DOT

Since the inception of cryptocurrency, the bull run and the bear market have had significant impacts. In fact, because of the volatile nature of cryptocurrency, these are two sides of the coin every crypto investor anticipates when investing in the market. While investors look forward to the bull run, the bear market, also known as "crypto winter," is the dread of any investor.  As of 2022, a report by CNBC stated that cryptocurrencies suffered a considerable decline, losing about $2…

Polkadot is a blockchain protocol that aims to enable interoperability between different blockchain networks. It allows different blockchains, each with unique features and uses cases, to share data and assets in a secure and decentralized manner. Polkadot uses a unique multi-chain architecture consisting of two chains: relay chains and parachains. The relay chain is the network's central hub, responsible for maintaining the overall security and consensus of the network. Parachains are independent chains connected to the relay chain and can…