What does dot top mean

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What does dot top mean? Dot means dTop in English, which is translated into Polkadot in Chinese. DOT is a distributed ledger composed of a set of smart contracts. In the Ethereum blockchain, users can create and own their own private keys, private keys or private tokens Literally, DOT is a special type of online token: a type called “nominee” or “validator”. Its value lies in allowing participants on the network to decide who will receive what by issuing instructions to other nodes. This means that anyone can initiate a vote through an address, and then the proposal is executed. When each block contains the content of that block, the system will choose according to their desired method and take appropriate measures for these results

In order to make this function work, the protocol introduces two different consensus mechanisms – proof of equity algorithm (PoS) and nonlinear proof of equity (NPoS), where Proof of work (POW) is used together with workload authentication (POS) to ensure the security and reliability of the entire system.