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!
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.
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.
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! 🎀
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!
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!
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!🔥😎🔥
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!