#polkadot #DOT #DotPricePrediction #Cardano #Ethereum👋JOIN
THE COMMUNITY:   / investanswers  
DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions.

0:00 Intro
0:30 IA Token Valuation Process
What It Does
How it Plays
Industries That It Can Disrupt
Ranking
Growth
Value Props/
Messaging
Tech & Developers
Ecosystem
Longevity
Price Prediction

2:00 Gavin Wood - former co-founder of Ethereum and ETH CTO
Vision was for a heterogeneous multi-chain framework
Focus is to support decentralization of the web ‘Web 3.0’ - Web 1.0 Commerce 2.0 Social
First test was “canary” Kusama network that is independent of Polkadot but runs on early, unaudited versions of Dot

3:00 Background & What it Does
End game is to enable Web 3.0
A fully disintermediated and decentralized internet!
Enables separate blockchains to communicate with one another
All chains can run at the same time securely and in a scalable manner

4:00 Background & What it Does
It is an integration methodology and can handle events across multiple blockchains eg a Smart K on ETH triggered by an Oracle (Chainlink) triggers a payment on BTC network and demands to be paid in Litecoin.

4:30 Polkadot Example

5:30 How it Plays
Sharded multi-chain network
Sharded architecture breaks up the network into individual shards
Coordinated by a central Relay Chain that processes data and transactions on several chains in parallel, known as Parachains
You earn 3 ways:

6:30 Polkadot focuses on enterprise and business-to-business financial applications that require bank-level security and stability + other apps

7:00 Scorecard Ranking

8:00 Growth Opportunities

PROBLEM STATEMENT: Blockchains function as separate islands of data with little way of leveraging the information the other networks possess.

9:00 Polkadot tackles key issue of blockchain interoperability
Able to communicate information from private blockchains to public networks and vice versa
Introduces a new era in scalability, interoperability, and security

11:00 Value Propositions

12:00 Technology and Developer Community
Over 2,600 developers sit in the Substrate Technical channel, nearly tripling from less than 1,000 at the beginning of the year

13:00 Ecosystem
15
This is a quick overview of Polkadot Ecosystem! Key partners across all key areas of Oracles, DeFi, SmartK’s, Privacy, Scaling, Wallets, Gaming and more.

Polkadot’s founder, Gavin Wood, first introduced the cryptocurrency via a whitepaper in 2016
At the end of 2020, Polkadot began trading
With such a short history, Polkadot doesn’t have a track record for comparison, making it a riskier investment for potential buyers
Longevity and Track Record

13:30 Let’s look at supply:
No maximum supply
Inflationary (unlike BTC)
Just over 1 billion in issuance

14:00 Price Prediction