Polkadot (DOT) Only $100 by the End of the Bull Run is Disappointing

By October 29, 2021Polkadot
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Motion 121 has passed council and is now up for vote as a public referendum until November 4th. If passed, shell will be the very first parachain added to Polkadot.

Shell only accepts messages from the Relay Chain to upgrade itself to something else. Shell can eventually be upgraded to statemint with another referendum after disputes code is active. If passed by council, the motion will go to public referendum.

Motion 121 is now up for vote by Polkadot’s councilors! The motion is to register the Shell parachain on Polkadot, to ensure block production, inclusion, and finalization. The Shell parachain has extremely limited functionality: it does not even have the notion of accounts.

Community response: All are pumping excepted dot.

A short-sighted comment.

We really need a better wallet with ledger support. The only major coin I know that is not fully supported by ledger.

Guys, you really will increase voting if you build a mobile wallet (w Ledger support) and voting feature. Basically, keplr.

Can we make a motion that when staking DOT, there can be no derivatives, like lcDOT or others. Having derivatives available means supply exists. Whereas if everything is staked for 2 years supply contracts drastically. Thoughts? Comments?

Only $100 by the end of the bull? I find that disappointing.

Dot will be able to cross 150 USD easily.

Otherwise, Polkadot Hackathon Asia Pacific has started. Don’t miss out to join this 8-week hackathon to build new solutions for the Polkadot and substrate_io ecosystem.

For clarity, Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network.

Polkadot provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. Polkadot provides transactional scalability by spreading transactions across multiple parallel blockchains.

Create a custom blockchain in minutes using the Substrate framework. Connect your chain to Polkadot and get interoperability and security from day one. This ease of development helps Polkadot’s network grow.

Polkadot can upgrade without hard forks to integrate new features or fix bugs. This capability enables Polkadot to easily adapt to changes and upgrade itself as better technologies become available.

Polkadot’s novel data availability and validity scheme allows chains to interact with each other in a meaningful way. Chains remain independent in their governance, but united in their security.

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