Polkadot co-founder Gavin Wood has announced an 18.9 million DOT ($777 million) development fund just ahead of the network’s launch of the auctions for the initial batch of parachain slots. Here is an overview of Polkadot using information from the Polkadot website: “Polkadot is a network protocol that allows arbitrary data—not just tokens—to be transferred across blockchains. […]