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.

How Polkadot Promotes Mass Adoption of Web3 during the WebSummit

18 hours ago 2 minute read 0 comments 727 Ventures

“You can’t connect the dots looking forward,” Steve Jobs famously said. "You can only connect them looking backward. So you have to trust that the dots will somehow connect in your future. You have to trust in something – your gut, destiny, life, ka...

Polkadot (DOT) - My Investment Strategy - Weekly Chart

27 Nov 2022 1 minute read 2 comments Blue Face

Hey folks. I hope you are doing well. This is my Current plan on Polkadot (DOT) I would like to state that I'm very Bullish on Crypto Market on the long term. I believe it is a no brainer and a great time to gather strong assets to build long term we...

The Equilibrium Live Contest is Here! Registration is Open 🔥

25 Nov 2022 1 minute read 3 comments Equilibrium

We’re excited to announce the Equilibrium Live Contest! After going live we’ll run a competition allowing our community to test its skills and earn generous EQ prizes. Our goal is to provide a stimulating and educational experience for everyone invo...

Exploring EQ Token Utilities: Why It’s a Long-Term Hold

21 Nov 2022 4 minute read 1 comment Equilibrium

Equilibrium’s mission remains to make DeFi even more incredible by continuously enhancing user experience, ending liquidity fragmentation, and offering exceptional services. Essential to the Equilibrium experience is the native EQ token, which fuels...

New OKX Web3 Wallet

20 Nov 2022 2 minute read 0 comments Duvinca

Hello people! I recently received an email from OKX, not the ones they are sending now reminding us (and "reassuring" us) that our funds are safe on these exchanges, but something new. The wallet. It is a Web3 Wallet, and what is it? A web3 wallet i...

The first decentralized private browser for Web3

11 Nov 2022 2 minute read 0 comments thranax

This is a very interesting privacy-oriented encryption project currently under development called MASQ, and it's not just a new browser coming soon, but a whole privacy-oriented encryption project with great potential in networks. SMQ Web3 Privacy B...

What Musk's Twitter Takeover Means for Cryptocurrency Social Media Adoption

10 Nov 2022 4 minute read 0 comments thranax

  The advent of Web3 technology has forced Web2 companies to consider changing their existing products and services. Many leading brands are using Web3 technologies like NFT to promote their brands and show their commitment to new technologies. Soci...

Become A Referrer in Equilibrium’s 2nd Public Offering and Earn Fantastic Rewards

7 Nov 2022 2 minute read 3 comments Equilibrium

We recently announced Phase 2 of our Public Offering kickstarting this November 21st. For this round, we have set a cap of 300,000 $DOT, and it will be hosted on our brand new Launchpad. Joining the whitelist for the Offering is not necessary, howeve...

Earned SGD$29 worth of Polkadot from Revolut

7 Nov 2022 2 minute read 0 comments diaperfinancingfund

Today, I reaped the benefits of spending way too much time on r/cryptocurrency. I learnt how other users have been sharing about how the Revolut (UK) bank advocates the adoption of crypto. So, apparently, it enables users to set up a vault and round...

Web3 is not the web at all

5 Nov 2022 1 minute read 0 comments D3v3l

The British computer scientist Tim Berners-Lee, who is credited with developing the World Wide Web in 1989, stated that he doesn't see blockchain as a practical means of creating the subsequent iteration of the internet. The inventor of the internet...