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Polkadot Network (DOT)

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Polkadot is a revolutionary blockchain infrastructure designed to enable the next generation of the web where users control their own data and identity. It creates this infrastructure by providing a way to connect different, independent blockchains together in a single network, allowing them to interoperate, exchange data, and process transactions with the benefit of shared security provided by the Polkadot Relay Chain. It also allows interaction with non-blockchain systems and established blockchains such as Bitcoin and Ethereum. 

With a transaction speed of up to one thousand transactions per second, Polkadot solves the major problems that hampered blockchain adoption to date and enables blockchain applications from decentralized finance (DeFi) and energy to the Internet of things (IoT) and gaming. 

Polkadot is built using Substrate, a modular framework for building blockchains. Chains built with Substrate can easily connect to the Polkadot ecosystem. 

Polkadot is a project of Web3 Foundation.

Before being integrated into Polkadot, the technology can be tested on the experimental platform Kusama, which has been built with (almost) the same code.

DOT - the native Polkadot tokens - serve several functions. They: 

  • give holders a role in controlling the governance of the platform
  • are staked for operating the network
  • can be bonded for a parachains
  • can be used to pay fees within the network

Polkadot is the brainchild of Gavin Wood, co-founder and former CTO of Ethereum.


A week in Polkadot

6 hours ago 2 minute read 1 comment Web3 Foundation

A round up of what’s new in the Polkadot universe, September 21 - 27, 2020 Polkadot News There are currently several scams occurring. Please be careful. There is no DOT giveaway, admins will never DM you first, don't trust any URLs that people send...

A week in Kusama

6 hours ago 2 minute read 2 comments Web3 Foundation

A round-up of what’s new in the Kusama universe, September 21 - 27, 2020 Kusama News Kusama runtime has been upgraded to v2024. https://kusama.polkassembly.io/referendum/84 There is quite a bit of discussion around this Treasury Proposal for weekly...

Bluzelle seems a great value addition to the blockchain ecosystem

25 Sep 2020 5 minute read 0 comments Cryptozeean

Let's have a look at the Bluzelle   The Problem Blockchain technologies are propelling the next genera_on of the Internet. Protocols like Ethereum are a platform for launching decentralized applications (dApps) that will change the way products and...

Web3 Foundation Has an Open Grants Program

25 Sep 2020 2 minute read 9 comments Web3 Foundation

Web3 Foundation has an open grants program that runs alongside our general grants program. Transparent and efficient, the new program is running on GitHub, funding projects that support the Polkadot ecosystem up to US$30K equivalent, administered in...

Equilibrium Testnet is live and the product launch roadmap is out!

24 Sep 2020 1 minute read 1 comment Equilibrium

Equilibrium is excited to have started its Testnet today and to introduce a detailed product launch roadmap.  On the Testnet, users can already try the EQ token distribution technology according to the project’s tokenomics model. This will be especia...

🔥5 DeFi Projects to Watch in Polkadot Ecosystem

24 Sep 2020 2 minute read 2 comments Dapp.com

Polkadot’s technology is catching attention since it connects multiple specialized blockchains into one network. It is designed to be scalable and interoperable, thus, it has already built up quite an impressive ecosystem.  Here are some DeFi protoc...

What is Polkadot? 5 minute to understand concept of Polkadot

23 Sep 2020 5 minute read 0 comments PengSeung

The author of this article is Bruno Škvorc, a developer and blockchain science worker from Croatia.   In 2015, Bruno joined the Ethereum ecosystem full-time and created popular science tutorials and programming courses for many novice developers, as...

🎉Dapp.com Announces Support for Polkadot and Kusama

22 Sep 2020 1 minute read 0 comments Dapp.com

Dapp.com is pleased to announce that we are adding support for Polkadot and Kusama parachains, ecosystem components, tooling, and DApps. The current landscape of both, including over 100 projects could be discovered under Polkadot Projects and Kusam...

Moonbeam will bridge Algorand with Polkadot

22 Sep 2020 3 minute read 0 comments shadowofsatoshi

Polkadot was developed from 2016 by the co-founder of Ethereum Gavin Wood. But the real hype took place this August by releasing its final version. At this moment, there are still no functional parachains, so we need to wait for further development a...

The most used wallets of polkadot

21 Sep 2020 1 minute read 3 comments cryptage9

  The first is that of Parity Signer which does not offer a lot of options but which is very classy, with a black design. It allows you to store your cryptos and choose which networks you want to use.I would have liked to give you a screenshot, to sh...