Read Polkadot (DOT) News, Price Prediction, Opinion and Analyses Created By Users

Polkadot Network (DOT)

353 Articles 27,803 Followers

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.


Polkadot Connects

10 Sep 2020 2 minute read 8 comments Web3 Foundation

“Polkadot empowers the individual against much more powerful corporate and state actors.”Dr. Gavin Wood, Polkadot Founder Polkadot is a next-generation blockchain protocol that unites an entire network of purpose-built blockchains, allowing them to...

Journey to 1000x - Vol. 5

9 Sep 2020 4 minute read 5 comments BryRi

A commonly seen lead in: The Most Advanced Blockchain Layer-2 Scaling Platform. Main net is alive! Let's talk about Celer Network in our latest, Journey to 1000x - Vol. 5   The Polkadot Family   I keep reading about Polkadot and the amazing complexit...

Kusama & Polkadot: How do they compare?

9 Sep 2020 2 minute read 6 comments Web3 Foundation

Polkadot and its wild cousin Kusama are built on nearly the same codebase but they have a few key differences. We’ll explore these briefly below and look at how use cases on Kusama are likely to differ from Polkadot as the networks develop. Kusama o...

Polkadot maybe the new rising Blockchain star for DEFI applications

8 Sep 2020 2 minute read 0 comments Greenchic

    The crypto community have been noticing Polkadot, and its focus is only getting further magnified now. I have introduced the Polkadot Blockchain in my previous article that you can read here. https://www.publish0x.com/investing-and-trading/the-b...

An Introduction to Kusama Governance

7 Sep 2020 2 minute read 5 comments Web3 Foundation

Kusama is a scalable blockchain network, designed to help understand how the various cutting edge technologies introduced in areas such as governance, staking and sharding work under “real” economic conditions and to give coders a fast-paced environ...

A "Light" Introduction to Polkadot

7 Sep 2020 1 minute read 2 comments Web3 Foundation

LESS TRUST MORE TRUTH Every day we interact with technologies controlled by a handful of large companies whose interests and incentives often conflict with our own. If we want the benefits of using their proprietary apps, we’re forced to agree to te...

The Power of HODL

4 Sep 2020 2 minute read 0 comments Jelly Fish

When today I think over my little EOS DeFiBox experience, I see what I should have been done but I didn't. 1st, I was lucky enough to learn about Defibox app early, quite long before it was launched officially. Well, "lucky" is a wrong word here, bec...

How to survive the top 20 crypto rout

3 Sep 2020 1 minute read 0 comments ManuelAR

This morning the crypto trader’s board is flashing red all over, 16 of the top 20 cryptos by market capitalization are posting loses against the USD. It looks like it’s profit-taking time, a day after the top crytpocurrencies were all rushing forward...

Polkadot Rushes To Top Five Cryptocurrencies After 100x Denomination

3 Sep 2020 1 minute read 0 comments CryptoBrowser

The Polkadot (DOT) project, funded by the Web3 Foundation, quickly became among the top-five cryptocurrencies based on market capitalization after a 100x redenomination, which occurred on August 21. According to data from CoinMarketCap, after the 100...

Presenting the Kusama Network - Polkadot's Wild Cousin

3 Sep 2020 1 minute read 6 comments Web3 Foundation

Kusama is a scalable network of specialized blockchains built using Substrate and nearly the same codebase as its cousin, Polkadot. The origin of Kusama The relationship between society and technology has deteriorated to the point where large entitie...