1/ WTF is @verio_story?
Verio is Story's Trust engine, decentralizing IP governance @StoryProtocol. By aligning incentives, Verio leverages liquid staking and IP asset staking to curate the right IPs. High stake weight = trusted, legitimate IP. No stake weight = flagged as spam.
Step into the Story IP x AI Carnival on @BinanceWallet 🎡
From Jan 13 – Feb 5, explore the Story ecosystem and complete quests on Binance Wallet for a chance to unlock rewards from a pool of 444,444 $IP.
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DOT tokens have three main purposes: governance, operation, and bonding. I will briefly list them in order.
Event management such as protocol upgrades and patches is possible.
This was an explanation of Polkadot. thank you
6/6
What is Polkadot?
Polkadot is a next-generation blockchain protocol that integrates networks of various blockchains created with different purposes into one, and enables continuous expansion through constant interaction between blockchains.
1/6 #Polkadot#Blockchain
The native currency, DOT, is managed in a fair and transparent manner by everyone who owns it. Any holder can propose or vote on protocol changes. It can help elect council members who can represent passive holders within the system.
5/6
Polkadot helps the blockchain upgrade itself without the need to fork the chain. These forkless upgrades are implemented through Polkadot’s transparent on-chain governance system.
4/6
By connecting multiple special-purpose blockchains into a single sharded network, Polkadot processes multiple transactions in parallel. Through this, bottlenecks can be eliminated.
3/6
Polkadot is a sharded blockchain that connects multiple chains in a single network and allows data to be exchanged between chains through parallel transactions and security guarantees.
2/6
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