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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.


Polkadot; the one protocol to join them all

30 Aug 2020 1 minute read 4 comments ManuelAR

This 2020 will be remembered as the year the world froze because of a virus. The economic repercussions of this global shutdown will be far reaching. One of the most evident repercussions is the renewed interest in crypto assets. But 2020 will be rem...

Is it a good time to enter Polkadot?

8 Feb 2021 1 minute read 2 comments Makingdigital

The recent rise in Polkadot has raised many questions for novice investors. Is it a good time to enter or do I wait for a correction? Of course it is a good time to buy DOT. If we look at all the projects behind this token, practically all are in Bet...

Polkadot price skyrockets thanks to Binance

1 Jan 2021 1 minute read 1 comment Makingdigital

The Swiss DOT token has managed to mark a strong uptrend in recent days thanks to the support of Binance. The most important international exchange together with Bittrex has included the DOT / BUSD pair in its market. The binance stablecoin is combin...

How to Staking Polkadot on Binance

11 Mar 2021 1 minute read 4 comments Makingdigital

One of the most interesting tools that we find on the Binance platform is its Staking service. The most popular centralized exchange internationally, not for this reason, the best in the world, offers the user many opportunities. We only have to pay...

Tether x Ethereum

23 Nov 2020 1 minute read 6 comments Coincobra

  Tether                                                              EthereumMarket Cap - $18.494.336.407  USD               Market Cap - $67.354.611.688 USD Recently, some websites and experts have said that Tether will soon be overcome in market c...

Our First Milestone For Another Grant Is Almost Completed

8 Mar 2021 1 minute read 2 comments Equilibrium

We’ve previously mentioned that we are bringing Curve Finance’s AMM to our parachain on Polkadot, and now the first batch of code has been submitted for approval. This is great news — it means we’ve achieved the first of two milestones for our Web3 F...

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...

Arweave Network Setup Bounty for Archival Bridge with Polkadot

1 Feb 2021 1 minute read 1 comment Novasky

Polkadot's parachain feature is the most talked about feature that is likely to help polkadot go ahead of the ETH ecosystem in near future. There are many open source projects out there that are already working with this feature for making various in...

Polkadot's exciting 10 day Round-Up

27 Mar 2021 1 minute read 2 comments Joker1919

                                 17th march 2021 - Polkassembly Motion 70 : Council members successfully passed a motion  to upgrade to runtime v29. This sends it to the external que where it will then be voted on as a referendum. 19th March 2021 - A...

Polkadot Flips ChainLink As BNB Rises To Fifth Position!

14 Sep 2020 1 minute read 4 comments Sapphire

It Has Happened A while back I mentioned the possibility of DOT dethroning LINK from the number 5 spot on Coinmarketcap. Well, DOT has flipped LINK but BNB has surprised both to slip in and steal the number 5 position. At the time of mentioning this...