This Crypto Could Be One Of The Biggest Winners In 2022Dec 28, 2021
Today we're going to be talking about Polkadot -- the crypto project looking to become the first "layer 0 solution" helping combine all other blockchains in unity.
The importance of this project cannot be ignored and Polkadot has the potential to become a key part of blockchain infrastructure forever.
If you're asking yourself:
- What is Polkadot?
- What is a Layer 0 Solution?
- What does this mean for the DOT coin?
- What is their investment outlook?
- Why should I care? 😂
Then look no further because we're here to answer all of these questions and more!
Let's get into it 👇
The Problem In Crypto Today:
Crypto right now is obviously extremely competitive. When we think about the landscape we see many projects fighting for market share as people are literally rewriting the internet.
While many of these projects will go to 0, many of them will end up being massively successful.
But what most projects are doing are building their blockchains in isolation. What that means is that their blockchains do not interact with other blockchains. Think of it like this:
Imagine any country before global trade -- they all existed in isolation. They built and sourced everything within the walls of their own country and tried to do everything themselves.
Today's technology in the world of crypto is pretty similar. Most blockchains exist in isolation and aren't able to use the accomplishments of other projects to their advantage.
Even more important, users of these blockchains aren't able to have a unified experience, where they can use all the blockchains in one easy experience.
The problem we're describing is called interoperability.
How Polkadot Is Fixing This MASSIVE Problem & If We're Investing In Them 👇