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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.


Equilibrium Successfully Completes First W3F Grant Milestone

14 Oct 2020 1 minute read 0 comments Equilibrium

Earlier, we announced that Equilibrium has received a grant from Web3 Foundation. The grant program is part of the Foundation’s efforts to support open-source technologies that advance Web 3.0, particularly in relation to the Polkadot ecosystem,...

A week in Kusama: November 16 - 22, 2020

23 Nov 2020 1 minute read 0 comments Web3 Foundation

Kusama News ArtProject.io, a virtual art and technology expo, was shown in Vancouver, Nov 11th to Nov 15th, and featured a discussion panel on NFT progress on Kusama. See a recording of the video here: https://www.youtube.com/watch?v=lep5PWTiKJg The...

Technical Analysis: Polkadot 18/11/2020

18 Nov 2020 1 minute read 2 comments Crypto Army

Polkadot have been ranging since yesterday around a strong resistance area of 4.84$, failing to hold above these levels for more than 4 hours. Currently Polkadot is trading around 4.7$, few cents away from the resistance level, the recent pullback of...

Binance Funding in Polkadot Smart Contract Platform Plasm Network

11 Feb 2021 1 minute read 1 comment Novasky

Polkadot ecosystem is growing every day. There are more than 300 projects so far built on the top of the Polkadot blockchain. One of the interesting smart contract project built on Polkadot network is Plasm. Plasm network is a dApp hub that allows th...

Upcoming Defi Projects based on Polkadot

12 Jan 2021 1 minute read 0 comments Makingdigital

If there is a blockchain capable of satisfying the needs of any user, at the same time and combining hundreds of cryptocurrencies, that is Polkadot. One of the queens for this 2021.This January they are announcing many new features in the world of Da...

NFT'S DON'T FRET - Relief from High Gas Fees Are On The Way (POLKADOT/KUSAMA)

27 Mar 2021 1 minute read 0 comments kev_nag

NFT'S may be added soon to POLKADOT thanks to KUSAMA, its canary network. Many of the present initiatives surrounding KUSAMA share a common goal of providing NFT'S on POLKADOT as soon as possible supporting applications in gaming as well as art and m...

Polkadot X Ethereum - Giant fight

13 Nov 2020 1 minute read 2 comments Coincobra

Polkadot      Market Rank - 9 Price today (13/11/2020) - $4,45 USDMarket Cap - $3.907.171.844 USDVolume (24h) - $345.006.116 USDCirculating Supply - 877.539.162 DOTTotal Supply - 1.012.344.574 DOT Ethereum Market Rank - 2 Price today (13/11/2020) -...

A week in Polkadot: November 30 - December 6, 2020

7 Dec 2020 1 minute read 1 comment Web3 Foundation

Polkadot News Polkadot's first gathering since the network's launch and decentralization, Polkadot Decoded, aired on Thursday, 3 December 2020. Over 6,500 people tuned in to watch a wide variety of speakers from the Polkadot and broader Web3 ecosyst...

Polkadot DeFi Alliance has New Member - Deeper Network

7 Mar 2021 1 minute read 0 comments Novasky

Polkadot has managed to get the attention of many DEFi projects and the smart contract companies. There are many decentralized networks out there who are planning on moving their infrastructures to the Polkadot ecosystem. This is not only for the dec...

Is Polkadot (DOT) Ready for Its Big Break? Is it Now or Never?!

23 Mar 2021 8 minute read 1 comment Michael @ CryptoEQ

Overview Polkadot is an open-source blockchain network designed to enable various separate, siloed blockchains to become interconnected, application-specific sub-chains called parachains. Each chain built within Polkadot uses Parity Technologies...