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It is the Polkadot cryptocurrency, a multi-chain network that allows the creation of parachains, or collector sub-networks that decompress the main one.
DOT is a fungible token that works as a network governance token. Polkadot is a decentralized protocol that allows token holders to participate in decision-making such as correcting or updating the protocol, the fee system or adding new parachains.
It is a multi-chain blockchain that allows the creation of parachains to decompress the main one and is mounted on Ethereum.
Polkadot then works as a multi-chain framework in which very different networks can interoperate. On a large scale, this could ensure a large network of blockchains capable of communicating and interacting in an inclusive and grouped way.
As an independent chain, Polkadot has two advantages. On the one hand, it shares the security conditions of the relay chain with all parachains, which keeps the set of interoperable networks under the greatest possible protection. On the other hand, by securing the validation mechanism, it allows cross-chain transactions without jeopardizing trust or needing any type of guarantee.
