Purpose: Polkadot aims to enable different blockchains to interoperate with each other, allowing for the transfer of any type of data or asset across blockchains.
Features:
Multi-chain Framework: Polkadot connects various blockchains, enabling them to work together.
Nominated Proof of Stake (NPoS): A PoS-based consensus mechanism that allows validators to secure the network.
Use Cases: Interoperability between blockchains, decentralized apps, and multi-chain environments.
Status: Polkadot is recognized as a strong platform for blockchain interoperability.