Blog
Redenomination
Page 1 of 1
Transferability and Redenomination Public Notice
Token transferability will be enabled today, exactly at block number 1,205,128. This will occur at approximately 16:40 UTC, though it is impossible to exactly calculate this time. This will not change the denomination of DOT (old) which still represents 10**12 Planck.
Denomination Day: Ecosystem Project Guidance
On August 21st at approximately 13:15 UTC (block number 1,248,328), the DOT token will undergo a redenomination from its original sale. ‘New DOT’ will be 100x smaller than ‘DOT (old)’.
The Results are in
With a turnout just shy of one third of the tokens, the recent Polkadot redenomination poll was a major result for stakeholder decision-making. This number is all the more impressive considering that both the Web3 Foundation and Parity Technologies abstained from the voting.