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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.


Karura’s Crowdloan & Parachain Auction Are Imminent - Support the Parachain Auction

1 hour ago 1 minute read 0 comments STAF

Karura Friends, We’re days away from the Karura crowdloan event, which invites you to contribute KSM in support of Karura’s parachain auction bid. Supporters who contribute to the crowdloan will receive a distribution of Karura rewards at launc   Kar...

Market FUD? BTC dump? KSM DGAF! This bird was born to fly!

19 hours ago 1 minute read 0 comments amtraderpro

Hi guys! Despite the bloodbath on the market Kusama Network token made new ATH at $588 mark and currently is trading at $539. After breaking and testing the resistance (yellow line) at $280-300 in mid March we saw the KSM setting a new high at $567 f...

Bitcoins Falling Market Dominance

12 May 2021 1 minute read 0 comments CryptoEnthusiast

BTC dominance is currently at 43% That makes sense considering weve just had a strong run and its currently alt season. That said, considering how bullish BTC has been recently its low dominance isnt indicative of it weakening but rather more indica...

Blockchain Jobs And The Rise Of Web 3.0

10 May 2021 8 minute read 0 comments TheCriptonaut

Hi there, let's get straight to the point :) Today I want to give a quick overview of new crypto-related jobs and the rise of web 3.0 (which is going to be 4.0 really soon!). Hope you enjoy this :) Here's what you'll find here: A brief introduction...

DOT how long should I wait?

4 May 2021 1 minute read 7 comments amtraderpro

Hi guys! My last post analysis on DOT seemed to start working out till the moment when BTC crashed and dragged the whole market down. That's why I always say no matter the setup on alts, BTC is the boss on this market for now and if it's dumping then...

Reef finance and it REEF

3 May 2021 1 minute read 3 comments Akterron

  Reef Finance Reef Finance is based on different Blockchain Polkadot smart contracts and has as main component an engine called the shopping cart engine, through which it is possible to access different cross-chain DeFi strategies with just one cl...

Kylin Network-Data Infrastructure for Web3.0

2 May 2021 1 minute read 4 comments Cyph3rpunk

Kylin Network aims to create a cross-chain platform powering the Data Economy. Built on Polkadot , Kylin is gonna provide Data infrastructure for Decentralized Finance and Web 3.0  Kylin Network seeks to provide data necessary to build DeFi products...

The Booming Polkadot Ecosystem and Its Top Tokens

1 May 2021 4 minute read 2 comments NYC Adriana

Polkadot’s native coin DOT has quickly risen to become one of the largest cryptocurrencies. In step with this, the sheer number of projects to emerge in the wider Polkadot ecosystem has been nothing short of dizzying.  In simple terms, Polkadot is a...

Polkadot Gets New Trust Product through Osprey Funds

29 Apr 2021 1 minute read 0 comments Novasky

Every month we are getting some good news from the Polkadot network about it's adoption in the various CeFi and DeFi market. Previously Polkadot was listed as an instrument in one of the popular CeFi market. Osprey Funds recently announced that they...

Polkadot (DOT) finally completed Shark for upto 73.5% move

28 Apr 2021 1 minute read 0 comments moon333

Hi dear friends, hope you are well and welcome to the new update on Polkadot (DOT).On 29th April I Shared a chart in which the Polkadot (DOT) was forming a bullish Shark pattern.   https://www.tradingview.com/chart/DOTUSDT/FShz0kJQ-Polkadot-DOT-form...