The tech DOT brings to our ecosystem is the same vibes as ETH showing up when crypto was just BTC.

I frequently see confusion regarding the technical details of Polkadot (DOT). Here is a really quick explanation. If you have questions - please ask and I'll try to explain.

Okay, so, imagine the history of crypto as it relates to tech advancements in this space.

First, there was BTC. This represents mono-chain value transfers.

Then, there was ETH. This advanced our ecosystem to mono-chain computation where the most basic computation is value transfer, but then loans etc.

Then ETH became bloated and fees went up. Competitors appeared - also computation mono-chains, but lower fees and better technicals. First-mover network effects result in BTC and ETH maintaining their value.

Now, our ecosystem is at the point where we have cross-chain value-transfer bridges a la "wrapped tokens."

Next? Cross-chain computation-transfers. This goes beyond just moving value between chains - its having one chain tell another chain to compute something that it's more specialized at computing than the first chain and having both chains trust the results.

This is Polkadot. It provides not just cross-chain value transfer but allows for cross-chain computation. This is why it is important. It unlocks the next step in crypto which is analogous to the introduction of ETH into a pre-ETH ecosystem. It introduces computation to an area that currently only has value transfer.

p.s. parachains launch on DOT Dec 18.