#Binance #BinanceSquare #Write2Earn #dotcoin #Halal $DOT $BTC $ETH
If you are looking for the following question: Is DOT currency halal or haram, we will try to answer that through our understanding of the currency project, its mechanism of action, and the services it provides.
DOT Coin Project :
Polkadot is an open-source multi-chain protocol that enables blockchains to work together seamlessly, facilitating the cross-chain transfer of any data or cryptocurrency, making a wide range of blockchains interoperable with each other.
This interoperability seeks to create new applications, institutions, and services.
The Polkadot protocol connects public and private chains, oracles, and future technologies, allowing these independent blockchains to share information and transactions.
DOT Coin Halal Services :
1- Improved scalability: Polkadot is a sharded multi-chain network, meaning it can process many transactions on multiple parallel chains (“parachains”).
2- Custom blockchains are fast and easy to develop: The network is highly flexible and adaptable, allowing information and functionality to be shared between participants similar to apps on a smartphone. Polkadot can be automatically upgraded without the need for a fork to implement new features or remove bugs.
3- Highly sophisticated governance system: Communities can customize the governance of their blockchain on Polkadot based on their needs and evolving circumstances. Candidates, validators, checkers, and hunters perform various duties to help secure and maintain the network and eliminate bad behavior.
Forbidden services provided by DOT :
The Arab Bitcoin Academy website family studied the DOT project and did not find any forbidden or suspicious services provided by it, which is a personal effort by the website team.
Is DOT Halal ?
Based on the previous data and the DOT project, DOT is Halal, and we recommend investing in it.
How to buy DOT :
There are many places where you can buy DOT digital currency, but the best is the Binance platform, where there is a huge daily trading volume.