Just recently a new project called Polkadot joined the top ten crypto coin list almost immediately after the project officially launched. Today, the Polkadot network is the sixth-largest blockchain in terms of market capitalization. The blockchain is considered an Ethereum competitor by a few individuals, and some crypto proponents speculate it will be amongst the top three market caps in the near future.

Crypto proponents have noticed a new top ten crypto-challenger in the world of digital assets, as the Polkadot (DOT) blockchain has recently joined the leading ranks. A number of people never heard of Polkadot and wonder how this coin made it into the top ten so quickly.

A Deep Dive Into Polkadot and How DOT Became a Top Ten Crypto Contender
The top six crypto assets in terms of market valuation on Wednesday, September 23, 2020.

The project was conceived by Ethereum cofounder Dr. Gavin Wood and the developer has worked on the protocol for the last four years. The project also stemmed from the initial coin offering (ICO) period and was one of three blockchain protocols (Dfinity, Filecoin) with a lot of…

Click to continue reading on its source location…

Source: https://news.bitcoin.com/a-deep-dive-into-polkadot-and-how-dot-became-a-top-ten-crypto-contender/