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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.


Do You Know TRUST WALLET?

12 hours ago 1 minute read 0 comments Coincobra

Trust is Binance's official wallet but unlike Binance itself it works only as a mobile application. that is, if you want to take a look at your instances on a conventional desktop computer you won't be able to. Trust Wallet has good options for crypt...

Kusama Prints A New ATH - Is Unibright Next?

18 hours ago 1 minute read 3 comments Sapphire

Key Component Of The Polkadot Ecosystem Kusama has managed to somehow escape the effects of severe market dumps throughout 2020! In the cases where KSM did correct along with the rest of the market, it lagged and often only dropped days after the bro...

Trading for Beginners: 3. ATR, Fibonacci, Elliott Wave Theory

3 Dec 2020 2 minute read 3 comments Crypto Army

In this article we are going to continue the previous article of the most common indicators and strategies used by traders, to be able to master the market, achieve profit and to trade with the least risk available. In this article we will talk about...

Equilibrium November Updates

2 Dec 2020 3 minute read 1 comment Equilibrium

This month was full of major news and milestones, and we’re not even talking about the American election. Let’s take a look back at what Equilibrium accomplished in November. Our main products are live on the testnet Join our testnet and take our...

RAI Finance × Blockzone || DeFi project by plugging into the Polkadot Network.

1 Dec 2020 1 minute read 0 comments FreedomBuilder

  💸 Reward: Receive up to 3$ worth of RAI Token. ✈️ Create an account at Blockzone Website. ⚡️ Airdrop Tasks:📌 sign up at Blockzone Website, verify your E-mail, and complete KYC to participate in Blockzone Airdrop events!📌 Login & Click on my events...

Trading for Beginners: 2. Most Used Indicators

1 Dec 2020 4 minute read 6 comments Crypto Army

In this article we are going to discuss the most common indicators used by traders to try to figure out the next move of the market. Read our previous article as an introduction to trading to be able to define candlesticks, trends, support and resist...

like google but cyber

30 Nov 2020 2 minute read 0 comments OleZba

The emergence of the Internet gave impetus to tremendous changes in society, allowing to unite many completely different and unrelated local networks and provide them with a new, neutral, common basis for interaction. But what happened to those first...

5 Facts About use Bitcoin PayPal

30 Nov 2020 1 minute read 7 comments Coincobra

  Fact 1 On October 21 it was announced by PayPal that from the beginning of next year, 2021, this giant company will accept payments through cryptocurrencies Bitcoin, Bitcoin cash, Ethereum and Litecoin. Fact 2 PayPal has a partnership with approx...

A week in Kusama: November 23 - 29, 2020

30 Nov 2020 2 minute read 0 comments Web3 Foundation

Kusama News Council member @bitfalls explains his votes in this Council term: https://bruno.id/council-participation-report-13112020-2/ With the v2026 runtime being on Kusama a bug (https://kusama.polkassembly.io/post/356) that caused immature slash...

A week in Polkadot: November 23 - 29, 2020

30 Nov 2020 1 minute read 0 comments Web3 Foundation

Polkadot News Ex-council member @bitfalls explains his votes in his last Council term: https://bruno.id/council-participation-report-13112020-2/ Referendum 12 (https://polkadot.polkassembly.io/referendum/12) to move an Ethereum claim of DOTs to anot...