When will DOT be split (the prospect of DOT split)

When will DOT be split? According to OKLink data from Ouke Cloud Chain, as of 11

When will DOT be split (the prospect of DOT split)

When will DOT be split? According to OKLink data from Ouke Cloud Chain, as of 11:59 Beijing time on May 27th, the total amount of DOT is about 10,000,000,000,000. It will be divided into 3 smaller versions: dot-slot and dot-plutot, v1-rpc, and eth2-rpt.

Currently, the largest trading platform on Polkadot is the Ethereum smart contract wallet. Due to the complexity of smart contract code on Ethereum, two versions have been designed to ensure high TPS. The first version is based on the Ropsten test network upgrade, and the second version is for the Polkadot main network.

The prospect of DOT split

According to reports from the PolkaWorld community in the Polkadot Chinese community, the Polkadot team is considering upgrading the DOT token before the upcoming split.

Currently, the official timetable has not been announced. However, according to community feedback, this proposal has been passed and implemented for some time. But due to the current market’s uncertainty, there will not be significant changes for now. Additionally, if DOT holders decide to transfer DOT tokens to the new chain, a new token DOT (possibly the same as the native token) will be generated.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/08/10/when-will-dot-be-split-the-prospect-of-dot-split/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.