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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.


3 Minutes to understand how Polkadot Bifrost solves the income dispute between Staking and DeFi

1 hour ago 5 minute read 0 comments PengSeung

The popularity of the DeFi market and expectations for the launch of the Ethereum 2.0 staking mechanism flood the crypto market in 2020. The rapid development of decentralized finance (DeFi) and staking (Staking) markets is driving the two mechanisms...

What is Polkadot? 5 minute to understand concept of Polkadot

1 hour ago 5 minute read 0 comments PengSeung

The author of this article is Bruno Škvorc, a developer and blockchain science worker from Croatia.   In 2015, Bruno joined the Ethereum ecosystem full-time and created popular science tutorials and programming courses for many novice developers, as...

🎉Dapp.com Announces Support for Polkadot and Kusama

22 Sep 2020 1 minute read 0 comments Dapp.com

Dapp.com is pleased to announce that we are adding support for Polkadot and Kusama parachains, ecosystem components, tooling, and DApps. The current landscape of both, including over 100 projects could be discovered under Polkadot Projects and Kusam...

Moonbeam will bridge Algorand with Polkadot

22 Sep 2020 3 minute read 0 comments shadowofsatoshi

Polkadot was developed from 2016 by the co-founder of Ethereum Gavin Wood. But the real hype took place this August by releasing its final version. At this moment, there are still no functional parachains, so we need to wait for further development a...

The most used wallets of polkadot

21 Sep 2020 1 minute read 3 comments cryptage9

  The first is that of Parity Signer which does not offer a lot of options but which is very classy, with a black design. It allows you to store your cryptos and choose which networks you want to use.I would have liked to give you a screenshot, to sh...

A week in Kusama

21 Sep 2020 2 minute read 1 comment Web3 Foundation

A round-up of what’s new in the Kusama universe, September 14 - 20, 2020 Kusama News Bryan Chen of Laminar has implemented logic gates using only Kusama transactions. 8) https://gist.github.com/xlc/f064f492a4040f698a2b4eb838f0bf2b Bruno Skvorc creat...

A week in Polkadot

21 Sep 2020 2 minute read 0 comments Web3 Foundation

A round-up of what’s new in the Polkadot universe, September 14 - 20, 2020 Polkadot News See the first inter-chain asset transfer using the new XCM protocol. https://twitter.com/gavofyork/status/1304849064891158528 Three Treasury proposals were rece...

The Reason Why I Love Publish0x

20 Sep 2020 1 minute read 6 comments fetinafety

I joined Publish0x in May 2020, I did not know much about the platform then I kept a distance and skipped the website. Three months later,  I was starting to think about the website again, specifically in August, 1st 2020. I sign in with my tweeter a...

HBTC has taken strategic investment in Unifi Protocol

20 Sep 2020 1 minute read 0 comments Dark3

This is good news for UniFi and Tron, seeing projects on Tron get recognized as solid investments by big partners is very important.  Medium article HBTC Labs has strategically invested in UniFi Protocol (UNFI) a cross-chain DeFi infrastructure. UniF...

How to make money if crypto goes down

19 Sep 2020 2 minute read 20 comments Roberto D.

Ophelia Snyder and Hany Rashwan, founders of "21Shares", challenged everyone by listing on the Zurich Stock Exchange one of the first ETPs with underlying a basket of cryptocurrencies, including Bitcoin. 21Shares has broadened horizons by landing on...