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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.

21Shares Launching ADOT - Polkadot Exchange Traded Product

5 Feb 2021 1 minute read 0 comments Novasky

Exchange traded products are pretty much popular in the stock trading. However, the concept of ETP (exchange traded products) is a new for most of the crypto investors. In fact not a lot of people are aware of this in the crypto space. There are some...

Polkadot Coin (DOT) Analysis

4 Feb 2021 1 minute read 2 comments Ayman Khalil

Polkadot Coin (DOT), has been recording again a new higher historical price at $ 21.7998 As we predict as we target   You can read it here >> Polkadot Coin (DOT) Analysis >> 17 Jan 2021 You can read it here >> Polkadot Coin (DOT) Analysis >> 1 Jan 20...

Arweave Network Setup Bounty for Archival Bridge with Polkadot

1 Feb 2021 1 minute read 1 comment Novasky

Polkadot's parachain feature is the most talked about feature that is likely to help polkadot go ahead of the ETH ecosystem in near future. There are many open source projects out there that are already working with this feature for making various in...

CrypTalk (02): Connecting the DOTs of Polkadot

1 Feb 2021 2 minute read 3 comments Jane1289

Polkadot is currently ranking #4 in Coinmarketcap with the price of $15.53 and a market cap of $14,055,194,508 at the time of writing. Many experts believed that it deserves to be on that spot. It outperformed most of the cryptocurrencies in the mark...

Polkadot (DOT), Building the Web 3.0

31 Jan 2021 1 minute read 0 comments Gamma

Interconnected blockchain networks   Polkadot relies on a combination of elements to create a fully interoperable architecture, and the project is notably led by the co-founder of the Ethereum blockchain. Polkadot is a next-generation protocol that c...

Polkabridge x Satoshi CLUB AMA Session 17 Jan 2021

28 Jan 2021 12 minute read 0 comments Satoshi Club

PART 1. Introduction of PolkaBridge project and community questions. Hello, Satoshi clubbers and guests of this site. Most of you have already heard about Polkadot. Today we have a project that provides the first decentralized bridge between the Polk...

Ocean Protocol in Polkadot Ecosystem with Moonbeam Integration

28 Jan 2021 1 minute read 1 comment Novasky

Polkadot is getting one more big project in their ecosystem. This time they are getting integration from the data exchange protocol named ocean protocol. This integration will be done with the partnership of Ocean protocol and Moonbeam.  This partner...

AMA Recap - Butterfly Protocol x Game of Bitcoins

27 Jan 2021 10 minute read 0 comments Game of Bitcoins

Thanks a lot for actively participating in the Butterfly Protocol AMA held on 27th January 2021 at the Game of Bitcoins Channel. We really appreciate all your support. This post is a recap of the entire session held with Butterfly Protocol We have w...

Polkadot DOT. That was a good chance to buy the dip.

27 Jan 2021 1 minute read 0 comments OnlyUp

As we saw today the main cryptocurrency dropping below the 30k mark, Polkadot token also followed the downtrend and reached its good support at $15. That was a good chance to buy it as I expect growth from here. This level was once resistance, where...

Upcoming Polkadot Oracle Crypto - Is OptionRoom Better Than Chainlink & API3? Will $ROOM 10x?

26 Jan 2021 2 minute read 3 comments surpassinggoogle

  OptionRoom is an upcoming cryptobased project that wants to build a decentralized oracle associated with the Polkadot ecosystem. How will fare? It will have a native cryptocurrency called $ROOM. How will $ROOM fare post listing in comparison to $L...