Polkadot
The Nakamoto Coefficient is a measure of the smallest number of independent entities that can act collectively to shut down a blockchain. On a typical Proof-of-Stake network the Nakamoto Coefficient is defined by the number of node operators that, together, control more than one third (33.33%) of all stake on the network. Polkadot’s NC is 113, while Solana’s is 18. Essentially DOT is 6X stronger than Solana!
The price of SUB as well as the trading volume remains steady and unaffected over the past 4 to 5 days. I see it is no longer available on StellaSwap on the Moonbeam chain though.
DOT is in a prime accumulation zone and trading just above the $4 mark. With a 48-hour unlocking period and 16% to 19% APR, it’s a good option, even for speculators.
Peaq Network, a Polkadot-based project is now home to more than 30 DePIN projects. I introduced readers to Peaq in May. Token coming soon! The future of DePIN is PINK! 🎀
For some, the current SUB price is an opportunity, for others, it’s a temptation to give up! Make sure you are in the right camp. Keep your head in the game!🔥😎🔥
Polkadot (DOT) briefly fell below the $4 mark this morning. HODLers unite! Keep the pink flame aglow! Long-term, Polkadot and WEB3 will dominate!
Polkadot micro-cap Polkadex (PDEX) is currently up 25% over the past weekend and has spiked significantly higher during this timeframe.
All Cryptocurrencies are encrypted and immutable regarding confirmed blocks. An on-chain health check will reveal the true condition of a particular blockchain and its level of centralization. The Nakamoto Coefficient measures a blockchain’s level of decentralization. The higher the number, the more decentralized and robust. For example, Solana has a NC of 18 making it heavily centralized. Take a look at DOT!
Your favorite Polkadot wallet, Nova Wallet just introduced their new debit card! I love Nova Wallet, the user experience is next level! Onward and upward!
ETH is back under $3000! That was a psychological level for Ethereum for quite some. Long-term investors win... and that goes for everything. Looks like it’s time for Polkadot to rise!
