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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.


🔥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...

Apron Network - Infrastructure Service Provider at Polkadot

16 Mar 2021 1 minute read 2 comments Makingdigital

One of the advantages of the Polkadot blockchain is that it will allow many applications and companies to integrate their projects and work within it to offer products and services to users who love the DeFi world. The ultimate goal is to provide uti...

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...

Equilibrium creates advisory board

30 Oct 2020 1 minute read 1 comment Equilibrium

We have the honor to have acquired several top-notch experts who are joining our newly established Advisory Board. Each of them is a specialist in their field. We are excited about them joining us and look forward to the added value and support that...

Polkadot Parachain Launch Roadmap & Common Good Chains

1 Mar 2021 1 minute read 1 comment Novasky

Polkadot is now getting it's parachain ready for the final stage. A lot of crypto projects are interested in the parachain interoperability and dot's scaling capacity. So it's interesting to see how it goes in real world scenario. The team behind the...

Chainlink x Polkadot Ecosystem Integration

25 Mar 2021 4 minute read 1 comment CryptoCulture

Written by: Isaiah Payton 3/25/21 Chainlink & Polkadot Ecosystem Integration via Parachain   Integration Date: February 24, 2020   ORIGINAL ARTICLE LINK   Key Takeaways: - Chainlink will be integrated with the Polkadot ecosystem to enhance Polkadot'...

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...

What Will Services On Polkadot Look Like?

14 Jul 2020 1 minute read 4 comments Web3 Foundation

Over 100 projects have been or are currently being built for the Polkadot ecosystem, ranging from core technical infrastructure to applications for DeFi (decentralized finance), privacy-oriented data, and digital identity systems (often called self-s...

Binance Launchpool Reef Finance (REEF) Farming Day 4

26 Dec 2020 1 minute read 3 comments EliteHodler

Hey! Binance recently introduced Farming for Reef Finance (REEF) on Binance Launchpool, which you can read about it here, https://www.publish0x.com/binance-news/binance-introduces-reef-finance-staking-pool-launchpool-xkyyyze This is my update for far...