Read Polkadot (DOT) News, Price Prediction, Opinion and Analyses Created By Users

Polkadot Network (DOT)

312 Articles 15,541 Followers

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.


Comparing ADA and DOT in the Ethereum Economy

27 Feb 2021 2 minute read 8 comments idm

This post examines how ADA and DOT traded against ETH so far in 2021. First we'll review the retail market structure of ADA/ETH and DOT/ETH. Next, we'll look at daily returns for ADA/ETH and DOT/ETH. Finally, we'll examine the correlation of these re...

TOP 3 DeFi Altcoins Powered By Polkadot 🚀

3 Oct 2020 2 minute read 29 comments Cryptonator`s

Today I am going to share with you my TOP 3 DeFi players in the Polkadot ecosystem. I believe that these three Polkadot projects are primed for massive gains in the upcoming months. I guess you noticed the rise of Polkadot and all the hype connected...

Polkadot: The Real Deal or just a Wannabe?

28 Aug 2020 4 minute read 10 comments SamBTC

A few days back as I was checking the crypto rates on Coingecko as I always do about 100 times a day, I suddenly noticed a new coin which I had not seen before. What totally baffled me was that this was not a new entrant in top 200 or top 100, it was...

Polkadot, Kusama and Gitcoin: Building the Future

17 Sep 2020 2 minute read 0 comments Web3 Foundation

Polkadot and Kusama have onboarded to the Gitcoin platform, strengthening the foundations of the Web 3.0 ecosystem and expanding the opportunities for developers to earn from open source projects. This is a landmark step towards our mission to contr...

A Brief Introduction To Polkadot

8 Jul 2020 2 minute read 6 comments Web3 Foundation

Polkadot is a next-generation blockchain protocol that connects multiple specialized blockchains into one unified network. Polkadot builds on the revolutionary promise of previous blockchain networks while offering the following fundamental advantag...

What Is Polkadex (PDEX) And How Does It Work? | KuCoin Crypto Gem Observer

16 Apr 2021 2 minute read 2 comments KuCoin Blog

To this day, there is still much debate around the benefits of centralized exchanges versus their decentralized counterparts. While DEXs are the champions when it comes to anonymity, their low liquidity in comparison with CEXs can be a major deterren...

How to make money if crypto goes down

19 Sep 2020 2 minute read 21 comments Roberto D.

Ophelia Snyder and Hany Rashwan, founders of "21Shares", challenged everyone by listing on the Zurich Stock Exchange one of the first ETPs with underlying a basket of cryptocurrencies, including Bitcoin. 21Shares has broadened horizons by landing on...

Hello World! By Polkadot: Dive into the Polkadot universe!

14 Oct 2020 1 minute read 4 comments Web3 Foundation

Gitcoin has integrated Polkadot and Kusama tokens (DOT and KSM) into their tech stack, making us one of the first full integrations outside of the Ethereum ecosystem. To celebrate, we have created Hello World! by Polkadot. Consisting of 23 different...

Let your IoT device spend some money. For your benefit

4 Mar 2021 3 minute read 1 comment Diana King

In 2019, a robot-artist Gaka-Chu first sold its drawing for cryptocurrency. Having received an order directly from a customer via a mobile app, it (or he/she then?) generated a picture for a reward in crypto to pay for electricity and paints. That is...

MANTRA DAO Is A DeFi Ecosystem Powered By Polkadot With An Excellent Karma

8 Oct 2020 2 minute read 10 comments Cryptonator`s

No doubt, MANTRA DAO is one of my TOP 3 DeFi Altcoins Powered By Polkadot. After doing a lot of research, I believe that MANTRA DAO has huge potential and that it is primed for some massive gains. In short: MANTRA DAO has an excellent Karma, here is...