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Polkadot is a multichain ecosystem that aims to create a scalable and interoperable network of blockchains. It is more of a blockchain ecosystem where various platforms are connected to each other, rather than a blockchain in the traditional sense. While the central chain of Polkadot ensures the security of the entire network, the sidechains increase the network’s capacity and scalability. By bringing together the features from multiple blockchains, Polkadot paves the way for new DApps and marketplaces to emerge. Building on the promise of previous blockchain networks Polkadot can offer fundamental advantages to developers and end-users.