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Polkadot News

Polkadot was created by Ethereum co-founder Gavin Wood. Much like how HTML allows websites and servers to interact with each other, Polkadot hopes to offer a unified framework for multiple blockchains that takes care of the features that are more grueling to build—such as mining, validation of transactions and security protocols—allowing devs to focus on building decentralized apps and smart contract functionality.

Its native token, DOT, is used for transaction fees, governance, interoperability and bonding.