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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.


Sora Ecosystem - App

20 Dec 2020 1 minute read 2 comments Thingsyousee

You may have heard of Polkaswap. If you haven't Polkaswap is going to be a non custodial AMM DEX designed uniquely for the Polkadot ecosystem but unlike Uniswap that runs on the Ethereum network Polkaswap will be hosted on the SORA network. Sora have...

Is DOT too expensive?

16 Jun 2021 1 minute read 0 comments eltoro0x

  DOT is now available in Coinbase Pro, the trading will start today at 9 AM (PT) or maybe a bit after if the liquidity conditions are not met. Anyway soon, DOT will be available on Coinbase and the Coinbase mobile app. Usually Coinbase announce this...

Bluzelle seems a great value addition to the blockchain ecosystem

25 Sep 2020 5 minute read 0 comments Cryptozeean

Let's have a look at the Bluzelle   The Problem Blockchain technologies are propelling the next genera_on of the Internet. Protocols like Ethereum are a platform for launching decentralized applications (dApps) that will change the way products and...

Polkadot Launches Polkastarter DEX, Aims At Rivaling Ethereum

16 Dec 2020 1 minute read 0 comments CryptoBrowser

Meanwhile, The Polkastarter (POLS) Token Recorded A Monthly Growth Of 75% Polkadot, dubbed as a direct rival to the altcoin leader Ethereum, announced the launch of the Polkastarter decentralized exchange. Polkastarter’s main design features include...

Why Polkadot is Better than Ethereum | Less Trust with More Truth

22 Nov 2020 1 minute read 3 comments Jay Fried

In this video, I am going to explain in simple terms, Why Polkadot is Better blockchain than the Ethereum blockchain. Polkadot has a much broader vision for decentralized blockchain chain development than Ethereum. Polkadot has introduced the concep...

Turn Your Old Smartphone into a Hardware Wallet.

16 Sep 2020 1 minute read 5 comments Yasin

Parity Signer is a mobile application that allows any smartphone to act as an air-gapped crypto wallet. This is also known as "cold storage". You can create Substrate (Polkadot) and Ethereum accounts, sign messages/transactions, and transfer funds t...

Common Good Parachains in POLKADOT & The Free-Rider Problem

17 Mar 2021 3 minute read 1 comment kev_nag

By way of introduction, the core of the POLKADOT system lies within its Relay Chain which is responsible for the interoperability of the network and the shared network security all while securing the parachains and parathreads within the protocol. Th...

Polkadot Staking Now Supported in Moonstake Wallet

14 Jan 2021 1 minute read 2 comments Novasky

Moonstake is one of the popular wallet for crypto investors that is designed with staking in mind. In past they have supported various crypto currencies for staking namely - cosmos, cardano, Tezos, Iris and few others.  Few days back, they announced...

Review: DOT and the Polkadot Blockchain

27 Feb 2021 6 minute read 0 comments awkbr549

Score: A   Summary The primary use case for Polkadot is enabling interoperability between blockchains, regardless of their features or their status as a private or public blockchain. The Polkadot blockchain is an open-source platform founded by the W...

VG Basic Tutorial for Beginners — Creating a Kulupu Wallet [Updated]

2 Sep 2020 1 minute read 3 comments virtugrana

So, were you interested in the Kulupu cryptocurrency and want to create a wallet? Follow the steps below to create your wallet. In this tutorial, we will be using the polkadot-js web wallet. But, if you parachuted here and don’t know what Kulupu, Po...