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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.


Tether x Ethereum

14 hours ago 1 minute read 2 comments Coincobra

  Tether                                                              EthereumMarket Cap - $18.494.336.407  USD               Market Cap - $67.354.611.688 USD Recently, some websites and experts have said that Tether will soon be overcome in market c...

A week in Polkadot: November 16 - 22, 2020

17 hours ago 1 minute read 2 comments Web3 Foundation

Polkadot News Motion 39 by Subscan for operating expenses has passed: https://polkadot.polkassembly.io/motion/39 Motion 41 to cancel an (ancient) erroneous proposal is being voted on: https://polkadot.polkassembly.io/motion/41 Dia is planning to beg...

A week in Kusama: November 16 - 22, 2020

18 hours ago 1 minute read 0 comments Web3 Foundation

Kusama News ArtProject.io, a virtual art and technology expo, was shown in Vancouver, Nov 11th to Nov 15th, and featured a discussion panel on NFT progress on Kusama. See a recording of the video here: https://www.youtube.com/watch?v=lep5PWTiKJg The...

Why Polkadot is Better than Ethereum | Less Trust with More Truth

22 Nov 2020 1 minute read 2 comments Jay Fried

In this video, I am going to explain in simple terms, Why Polkadot is Better blockchain than the Ethereum blockchain. Polkadot has a much broader vision for decentralized blockchain chain development than Ethereum. Polkadot has introduced the concep...

Polkadot (Crypto-Pick)

22 Nov 2020 1 minute read 1 comment Goodsoul

Polkadot refers to itself as a next-generation blockchain protocol which connects multiple blockchains by unifying them into one network. It is a sharded protocol that enables blockchain networks to operate together seamlessly. History  Polkadots his...

3D of Mining

19 Nov 2020 1 minute read 7 comments Coincobra

Start mining now FREE. Mining 3D First Dimension - SHA-256 is a critical computational hash function that uses video cards and high logical capacity computers to guarantee the security, authentication and operation of the entire Proof of Work system...

Polkadex Review: A Substrate-based Decentralized Exchange with a Centralized UI/UX

19 Nov 2020 4 minute read 1 comment Edward Moon

2020 is the age of decentralized finance (DeFi). Mostly domiciled in Ethereum, the total value locked (TVL) continues to rise. In Q1 2020, the TVL in Ethereum rose above $1 billion, a milestone at that time. Value under management by different DeFi p...

Technical Analysis: Polkadot 18/11/2020

18 Nov 2020 1 minute read 2 comments Crypto Army

Polkadot have been ranging since yesterday around a strong resistance area of 4.84$, failing to hold above these levels for more than 4 hours. Currently Polkadot is trading around 4.7$, few cents away from the resistance level, the recent pullback of...

A week in Kusama: November 9 - 15, 2020

16 Nov 2020 1 minute read 0 comments Web3 Foundation

  Kusama News The default node for Westend was down on Monday for a while. It is once again available and you should be able to access Westend from Polkadot-JS. If you are interested in being a validator on Kusama, check out the Thousand Validators...

A week in Polkadot: November 9 - 15, 2020

16 Nov 2020 1 minute read 0 comments Web3 Foundation

Polkadot News A HIGH PRIORITY upgrade has been released for Polkadot, 0.8.26-1. This fixes a DoS vector in 0.8.26. https://github.com/paritytech/polkadot/releases/tag/v0.8.26-1 Joe Petrowski announces and explains his Polkadot validator setup. https...