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[ElPaule]

Polkadot rolled out the last missing part of their Polkadot whitepaper and rolled out the parachain into testing and auditing. With this, polakdot supports a scalable multi-chain architecture. Once the change goes into production, the community will decide which features will be added in the future. This will make Polkadot flexible to market changes and gives it a huge benefit over other alt-coins. Polkadot is on my watch list since a while and I am happy that could invest now with the dip.

 

[Yugocean]

This is good to know, I am also willing to invest in Polkadot, however still I do not know anything about its transaction fees which is called "weight fees".

 

[ElPaule]

This is good to know, I am also willing to invest in Polkadot, however still I do not know anything about its transaction fees which is called "weight fees".

yeah same here, for every new project that seems to be interesting there needs to be done some due dilligence to make sure the money will not be dumped. I have some peers that lost a vast of invest with $TITIAN. Cuban promoted that product and people jumped on it very fast.

 

[Yugocean]

People have to learn in investing, any product gone wrong will result in lose. I have faced loss in BCH and SHIB.
Next I am only investing $5 for now, so it would be low risk.

 

[Yugocean]

Update

Polkadot Parachains continues to develop its Parity-developed wallet. Polkadot is bringing AMA series on it, first of the AMA series is called on August 4, 13:00 UTC. The TechEd teams of the Web3 Foundation to help answering all the "how to" questions on Wallet.

 

[Josemendez]

Polkadot is a good coin that one should invest in however I have issues with their feature called interstatial deposit where an account that do not have up to a certain amount of DOT is removed from the blockchain . It can be discouraging for newbies that do not have enough funds to maintain the minimum wallet balance requires to keep a wallet online.

 

[Horia_10]

I think that the minimum deposits function is not a great idea , it costs nothing when they are making millions in revenue they should be providing free bandwidth just like trx does so that the market can succeed and can grow higher , minimum deposit function will kill their minimal investors in the market which is not good for any project in long term .

 

[Yugocean]

I agree with this too, that's why I don't invest in it. This is similar to the rule of Dash, which was probably the first POW to award a staking reward. The popularity of DOT is also not increasing any more, even after the announcement of the AMA for the wallet, today it is down by more than 11%.