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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.


DOT is a buy right now

7 hours ago 1 minute read 0 comments eltoro0x

DOT DOT DOT YES YES YES Polkadot right now is in the BUY ZONE BUY ZONE for DOT is under 20$. DOT is on SALE right now. AND THEN? And then you have to be patient! PATIENT always pays back. You don't have to buy every time there is a dip. PATIENT is k...

POLKADOT : Parachain Auctions Incoming!

13 hours ago 1 minute read 0 comments BertRedd

  Polkadot is preparing for the introduction of auctions for parachains, which have already been implemented on the canary network - and therefore in the test phase - on Kusama!   We do not have a date yet, but through the project's official Twitter...

POLKADOT IS THE BEST CRYPTO To INVEST IN 2021. HERE'S THE REASON

20 Jun 2021 3 minute read 3 comments Naveen Sharma

This moment is the ideal time to put invest into Polkadot. Digital money is blasting, a reality we are breathing day by day. In the event that you wish to put resources into cryptographic money, there are various choices to put resources into this ye...

Polkadog is the most meaningful meme coin project ever created

19 Jun 2021 4 minute read 0 comments JaksHitam

Polkaswap is a future, cross-chain liquidity aggregator DEX show for exchanging tokens reliant upon the Polkadot (and Kusama) network(s), Parachains, and blockchains related through ranges. Through the improvement of expansion developments, Polkaswap...

What Polkadot is all about and its future

17 Jun 2021 1 minute read 2 comments Defiant Pathfinder

Polkadot is a decentralized open source blockchain Protocol which allows data sharing, token transfers, assets and also connet public and private chains through its multi-chain network. How Does it work? Since it is a multi-chain it supports differen...

Is DOT too expensive?

16 Jun 2021 1 minute read 0 comments eltoro0x

  DOT is now available in Coinbase Pro, the trading will start today at 9 AM (PT) or maybe a bit after if the liquidity conditions are not met. Anyway soon, DOT will be available on Coinbase and the Coinbase mobile app. Usually Coinbase announce this...

DOT on Coinbase Pro

15 Jun 2021 1 minute read 0 comments eltoro0x

I recently published an article about why to invest in DOT, you can find it here. And I was right. Yesterday Coinbase announced that: So this will be the first increase of the price for DOT then when it will be available on Coinbase you will see ano...

Kusama Coin (KSM): DOT's Blockchain Testnet

14 Jun 2021 4 minute read 4 comments MintDice.com

As the cryptocurrency world continues to grow, many blockchains are finding they don’t offer all the capabilities their customers desire. This has led to the creation of a large number of what is known as layer two solutions. But this has also sparke...

Polkadot/Nutbox Crowdloan

13 Jun 2021 2 minute read 2 comments lnakuma

During the past weeks, I have participated the beta test on Nutbox/Polkadot platform. There was traditional staking to earn type of farming method in the product. One thing caught my eye though, was called Crowdloan. I have seen similar thing on KuC...

Kusama Parachain Auctions !

8 Jun 2021 1 minute read 6 comments BertRedd

  “In order to create that community, Kusama has the concept of Parachain Slot Auctions — a market-efficient way of selecting which parachains will be added to the Kusama Relay-chain and have their functionality become a part of the Kusama network.”...