During the last weeks the growth of has been explosive, multipling its value by 3 in less than a month and reaching its historical maximum of almost 15 dollars per coin,
also thanks to this great growth POLKADOT has managed to position itself as the fourth cryptocurrency in fact the third if we do not have TETHER with the largest market capitalization with almost a total of 13 million dollars but what is the true potential of POLKADOT will continue to grow throughout 2021 well let's start at the beginning to understand the potential of POLKADOT what First of all we are going to talk about what is dumped heat is a great investment opportunity because it is a completely different project from the rest of crypto currencies since instead of having a single blockchain it is composed of a great variety of blockchains called parachain and which one It is the advantage because having multiple blockchains connected to each other can manage transactions in parallel and exchange data with each other and any touch that is launched within the POLKADOT network will have its own block change as happened with CARDANO POLKADOT has also been created by one of the co-founders of cirio Gavin Wood in case you do not know Gavin Wood is a privileged mind that has contributed a lot of value within the world of crypto currencies and in addition to being the co-founder of ETHEREUM he is also the co-founder of the web free foundation.Finally, I want to add that Gavin Wood was the programmer who created the programming language in which the ETHEREUM smart contracts are written, so it always gives a lot of confidence to have a leader like him at the head of the POLKADOT project
POLKADOT VS ETHEREUM if we now look at the carrier web within all its advantages we have interoperability, its blocks in security or governance directed by users, but personally I would highlight that POLKADOT provides transactional scalability by distributing transactions through multiple blockchains in parallel. and this is just one of the biggest problems of ETHEREUM since, as you may well know, because of scalability problems, the more the ETHEREUM ecosystem grows and more people join, it becomes slower and slower and it is more expensive to process transactions as you can see is the same similarity of the little brother that we talked about in the CARDANO article.
POLKADOT, being also a little brother of ETHEREUM, tries to simulate improving and solving the problems that ETHEREUM faces, surely you have also heard about how POLKADOT could end ETHEREUM, however GAVIN WOOD himself mentioned that his idea was not quite the opposite. is that both projects can coexist with each other for that very reason and as I have mentioned in many of my videos, I recommend that when investing, diversify instead of betting on a single project in particular since in this way You will be able to reduce the risk in your investment and nothing happens if you invest in bitcoin or ETHEREUM, but if you are really looking to invest in the cryptocurrency market in general, it is best to diversify. once we know what it is and what it is for dump because it is a good investment opportunity. If we look at the coin market cap again, POLKADOT's market capitalization is 13 billion,
which is a lot considering that it is a relatively new project and beware that this does not mean that it will not continue to grow but quite the opposite to me Personally, I would not be surprised if by chance it reached 100 dollars in the next five years, however, personally I think that projects like POLKADOT it is true that they could bring great benefits in the medium long term and multiply our investment, let's say by 10, but not being completely realistic. It has much more room for growth, but don't worry, we will see in the next article 4 altcoins or alternative currencies from the POLKADOT ecosystem that who knows could make you a millionaire in 2021.
