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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:
Polkadot is the brainchild of Gavin Wood, co-founder and former CTO of Ethereum.
30 Nov 2023 1 minute read 0 comments LeftFooted
Sleap.io is a Web3 hotel booking platform built on the blockchain. Sort of like Travala, but more hardcore. You log in with your wallet, start searching for a hotel and when you book, par for the course, you can pay with crypto. Sleap.io is home (...
26 Nov 2023 3 minute read 4 comments CryptoEntrepreneurs
Socrates is an innovative Web3 entertainment and social networking platform. Its goal is to offer a unique and complete experience to Web3 users around the world, taking advantage of the advantages of blockchain technology and artificial intelligence...
9 Nov 2023 5 minute read 2 comments Greenchic
Source The fixed limit of Blockspace in a dapp platform, constraints scalability For widespread Web3 adoption, Blockchains need to find a solution to address the constraints of limited throughput of Blockchains. We have come a long way, in Bloc...
6 Nov 2023 3 minute read 1 comment Web3 MKT Researcher
Scroll, a project highly praised by Vitalik Buterin, has always been the focus of market attention. Since its Mainnet launch on October 17, Scroll’s popularity has been rising steadily. As of writing, the number of Scroll wallet addresses has exceede...
30 Oct 2023 2 minute read 2 comments Michael @ CryptoEQ
You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...
29 Oct 2023 7 minute read 0 comments Andrey Didovskiy
*Note: a SWOT analysis is an evaluation of the fundamental, operational, technical, social, economic, and even to some degree administrative elements of a project. This is not a model to be used for trading purposes. (NFA, DYOR) Composed of four ele...
7 Oct 2023 2 minute read 0 comments OfTheFreeMarket
“Change is the law of life. And those who look only to the past or present are certain to miss the future.” – John F. Kennedy When it comes to dAPPs, DeFi and the decentralized internet world as a whole, there are few platforms out there that comp...
23 Sep 2023 1 minute read 1 comment sanjeev021
Deciding Factors Deciding between Polkadot - various factors Both Polkadot and Ethereum are significant have different design philosophies and features: Ethereum (ETH) First and most well-known smart contract platform. Large and established e...
20 Sep 2023 1 minute read 4 comments PVM
I love a good zealy sprint and a proper competition! This is why I joined the newest LeoFinance marketing campaign to double-up the amount of content creators and content consumers on Hive! There's a good incentive, as 5,000 HBD are allocated for the...
15 Sep 2023 1 minute read 0 comments Makingdigital
If you are confident that Polkadot can return to those $40 ranges that many of us consider unrepeatable, the best way to wait is to leave your DOTs in a safe, reliable but profitable staking. Polkadot staking is available on many centralized Exchange...
