Polkadot Network (DOT)

699 Articles 52,581 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.

Polkadot, crucial for the future of crypto

13 Jun 2023 1 minute read 2 comments Justin Spencer

Polkadot is a groundbreaking cryptocurrency and blockchain platform that offers several unique features and benefits, making it a compelling choice in the crypto space. Starting with the most basic bit, interoperability: One of Polkadot's primary str...

Polka DeFiance 2023: Recaps & Highlights of the Biggest Polkadot Online Event

7 Jun 2023 2 minute read 2 comments Equilibrium

Polka DeFiance, one of the most anticipated events in the Polkadot ecosystem, recently concluded its 3rd edition. Hosted by Equilibrium and co-organized by the Talisman team, this year’s event garnered immense interest and participation from the comm...

Ushering in the Next Big Change in Crypto Space: Web 3.0 Technologies

9 Apr 2024 5 minute read 0 comments letssittt

The course of the development of the internet has been literally continuous, invariably affecting the assemblage of the online world. From a static nature of Web 1.0 to a dynamic nature of Web 2.0, you will have witnessed critical leaps in the evolut...

Grillapp - Polkadot SubSocial Network Earning SUB token

5 Apr 2024 1 minute read 0 comments Novasky

I am not good with the social network. I have 900 following on Publish0x, but I am not the really chatty type. Due to the family and the debt issues in real life I kind of am on the clock limits. It has made my life a bit more worst with the social n...

Web3 Governance & Polkadot's OpenGov (Thread)

25 Jun 2023 1 minute read 0 comments EverythingBlockchain

If you find this helpful, please support us by subscribing and following. Everythingblockchain 🧐 - Freethinkers, Writers ✍, Blockchain explorers 🔭In pursuit of simplifying the different blocks of the chain metaverse Socials Twitter, M...

How much I made using this silly app for a couple of weeks

5 Jan 2024 1 minute read 11 comments LeftFooted

Because, like you I suspect, I'm unhealthily obsessed with crypto, I tend to check the App store for the new apps every other day. One day I found this app called Nodle and I began using it. I wasn't entirely sure how it worked, something about con...

Polkadot's healthy blockspaces providing for building of scalable, 'purpose fit dapps' required to spreadhead the growth of the Web3 Era

9 Nov 2023 5 minute read 2 comments Greenchic

  Source The fixed limit of Blockspace in a dapp platform, constraints scalability For widespread Web3 adoption, Blockchains need to find a solution to address the constraints of limited throughput of Blockchains. We have come a long way, in Blockch...

GetBlock to Support the Blockchain Developer Community During Polkadot Decoded 2023

28 Jun 2023 1 minute read 0 comments GetBlock

GetBlock, a leading provider of RPC node infrastructure, is excited to announce its participation in the highly anticipated hackathon hosted by Encode Club at Polkadot Decoded 2023. Taking place on Wednesday, June 28th, and Thursday, June 29th, the e...

Web3 SEO Essentials for Blockchain Companies

31 May 2023 2 minute read 1 comment Footprint Analytics

  Author: [email protected] Web3 SEO has the unique challenges of constantly targeting new and volatile keywords, which makes keyword research difficult. Furthermore, it will have emerged as a vertical after the development of AI writing to...

Web3 will be the future.

5 Jan 2024 2 minute read 1 comment Rajat G

Web3 will be the future. Recently I came across the piece of news that Visa announces web3 loyalty rewards and it shows that now big tech are embracing the new technology with time and preparing themselves for the future. Most of the web is in web2 b...