Hello dears, I have question, you don’t think the limitation of dot validators and the limitation of nominators will affect the echo system decentralization?
If you look to eth PoS it’s very decentralized as you have very high validators ( about 11,000+ validators ) and easy to setup a validator node, but in dot is very hard and limited (297 validator)
The only negative thing I’m seeing in dot is the centralization
Any thoughts on this?
I'm genuinely not sure how all of this works. I think I just got lucky by stumbling into KSM and following some smart people into the KAR crowdloan. I know this is the DOT sub but it's more active than KSM sub.
Is this the best project to get into crypto? I'm thinking about trading my ATOM and ADA for DOT/KSM because they actually have working products and seem to have good RIO's. I mean staking aside, if I just let this team hold my KSM/DOT for 48 weeks, they will give me coins for free, and then my KSM/DOT back later... So then I have two coins, that are both backed by the holder of each project. So both coins should do well, while holding only ADA or ATOM or whatever coin would have to perform twice as well just to break even with KSM/DOT comparison.
Is this legit? This feels like such an obvious decision that it must be too good to be true.
Plus this is like the only project where I actually see the international community. Have the time I search for something about a parachains project, its in Chinese, Korea, Russian or Arabic, on top of English. This is literally insane and I don't get it.
Parachains are launched on Kusama and coming soon on Polkadot. The various teams behind the Polkadot/Kusama project have been working incredibly hard to get to where we are today and where we are going tomorrow.
You can help them and the best part is it doesn't require any special skills or research.
The only thing you have to do? Be nice to each other. No, actually I lie, you need to do more than that:
You need to be awesome to one another.
That's the only way this works, that is the only way we get to where we want to go. That includes everyone, developers, people working in the support channels on Discord, other community members here, members of other communities.
We encourage the best questions by being kind, we generate the best discussions by being open and receptive to new ideas and together we build a strong community that is capable of transitioning the blockchain space from warring tribes into trading nations.
Am I standing here claiming my poop doesn't stink? Nope, I need to do better, we all do.
Welcome to the Unofficial Polkadot Community! Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable, heterogeneous, multi-chain technology. On this subreddit you can learn more about Polkadot, what makes it so exciting and engage in the Polkadot community!