What is exciting about the Polkadot Altcoin (DOT)???

 Polkadot is interesting for 5 reasons

1. Their founder, Gavin Wood, is the former CTO and co-founder of Ethereum. Overall, they also are a very good team, probably one of the best in crypto on par with NEXO, VET, IOTA, ADA, AAVE, UNI, YFI.
2. They are good at marketing, not hype marketing, but real, native, sustainable and long-term marketing. New projects that want to build on Polkadot, have to raise Polkadot tokens from the community. That means, their community or their founders have to buy as many Polkadot tokens as possible, so that their project wins the auction. That way, only the richest win, but that’s how it works and that’s why the Polkadot price rises
3. They have very excellent technology, and scalability and decentralization better than Ethereum by running a nominated proof of stake (NPoS) with hybrid BABE/GRANDPA consensus in a Heterogeneously Sharded Blockchain
4. Communities on Polkadot govern their network as they see fit, and hold a transparent stake in the future of Polkadot’s network governance as a whole. Teams can customize and optimize their blockchain’s governance to their needs, experiment with new ideas, or swap in pre-built modules for faster deployment. Blockchain governance models can even be perfected and upgraded as needs and conditions change over time.
5. Unlike previous networks that operated largely as standalone environments, Polkadot offers interoperability and cross-chain communication. This opens the door to innovative new services and allows users to transfer information between chains. (see graphic below). It’s like being part of a secret club of other very smart and wealthy people.

Overall, Polkadot is like Ethereum, but with better marketing, interoperability, technology.

Here are the disadvantages over Ethereum

1. Polkadot has around 200x less adoption, more specifically Ethereum has 850 transactions/minute and Polkadot 6 per minute and inly 80,000 wallets compared to Ethereum’s 50 million
2. They have 10% inflation/year compared to Ethereum’s 2%/year
3. It’s also very unlikely that Polkadot surpasses Ethereum in adoption in this bull run

Conclusion

Polkadot offers a better and more integrated ecosystem than Ethereum.

It’s like Ethereum, but with all the flaws that plague Ethereum already fixed.

It also has the cleanliness and thoroughness of ADA while having the integratedness of Ethereum and some more.

This definitely puts ADA in a lot of trouble, because DOT seems far superior than ADA at this point and ADA is also lagging behind in adoption a lot.

I think DOT is the only real competitor to Ethereum at this point and also significantly surpasses QKC, ZIL, ADA, XTZ, EGLD. Those all have great tech, but DOT’s integratedness and marketing is significantly better than in those.

DOT also has better credentials.

Still, DOT also has a very high market cap already, so it’s not an investment that can give large gains.

However, most of all, investor tokens start to unlock from 18th of January from their public sale, which could trigger a sell-off.

If it falls by 50%, then it would be a really good investment.

CREDIT: https://qr.ae/pNm2Ga