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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.


Upcoming Polkadot Crypto - Tosdis & $DIS Posed For 10X? Uniswap, Korea Marketing, Bear Markets.

21 Jan 2021 2 minute read 7 comments surpassinggoogle

  I covered Tosdis finance and $DIS in a previous livestream and I wasn't as interested in it as I am today, after paying closer attention to it. My interest was Paid network and $PAID which I had also covered but its Uniswap listing was postponed t...

Kusama Prints A New ATH - Is Unibright Next?

4 Dec 2020 1 minute read 6 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...

Bullish altcoin - DOT to moon

10 Mar 2021 1 minute read 2 comments Cryptofab

Polkadot is now the coin #4 in market cap... outpassing Cardano. DOT is only 15% lower in market cap than BNB - the #3, which surged again this week as explained in my previous article. In the short term, BNB should remain higher than DOT in market c...

A week in Polkadot: December 7 - 13, 2020

14 Dec 2020 1 minute read 1 comment Web3 Foundation

Polkadot News The maximum number of validators in the active set has started to increase by 1 each era for 44 eras, leading to a new maximum of 296 (currently 252). https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc.polkadot.io#/democracy/dispatch Th...

Kusama - Polkadot's Wild Cousin!

6 Jul 2020 1 minute read 3 comments Sapphire

A Canary Network By now you would have seen Polkadot starting to get some serious attention from a select few in the Crypto space. Kusama was founded by the founder of Polkadot, Gavin Wood. Gavin was also a co-founder and CTO of Ethereum. The officia...

A week in Polkadot: November 9 - 15, 2020

16 Nov 2020 1 minute read 0 comments Web3 Foundation

Polkadot News A HIGH PRIORITY upgrade has been released for Polkadot, 0.8.26-1. This fixes a DoS vector in 0.8.26. https://github.com/paritytech/polkadot/releases/tag/v0.8.26-1 Joe Petrowski announces and explains his Polkadot validator setup. https...

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...

🔥5 DeFi Projects to Watch in Polkadot Ecosystem

24 Sep 2020 2 minute read 2 comments Dapp.com

Polkadot’s technology is catching attention since it connects multiple specialized blockchains into one network. It is designed to be scalable and interoperable, thus, it has already built up quite an impressive ecosystem.  Here are some DeFi protoc...

Clover Finance Seed Funding $3 million to Bring Ethereum DEFi Apps to Polkadot

24 Feb 2021 1 minute read 0 comments Novasky

Clover is a parachain on polkadot that has been developing the blockchain infrastructure for substrate apps. It has recently done a lot of investments for bringing various DEFi apps on Polkadot for it's cross-chain efforts. Clover has done one intere...

Equilibrium Is Launching Its EQ Token Generation Event

12 Nov 2020 1 minute read 0 comments Equilibrium

We are launching our mainnet and conducting a token generation event that will see our newly minted EQ tokens released into the market. The EQ token generation event is taking place today, November 12th. Equilibrium’s EQ token can be used as collater...