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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.


Polkadot Rushes To Top Five Cryptocurrencies After 100x Denomination

3 Sep 2020 1 minute read 0 comments CryptoBrowser

The Polkadot (DOT) project, funded by the Web3 Foundation, quickly became among the top-five cryptocurrencies based on market capitalization after a 100x redenomination, which occurred on August 21. According to data from CoinMarketCap, after the 100...

Polkadot Rebrand through Bounty Program

10 Jan 2021 1 minute read 0 comments Novasky

Polkadot is rebranding. Yes. They will be getting the design and other image rebranding soon.  The community behind the Polkadot is doing this through their governance bounty program.  Design agency Koto studio has put up bounty program for the rebra...

Ankr and StaFi Collaboration Announcement

30 Sep 2020 3 minute read 0 comments Ankr Network

On 28th Sept, we reached an agreement of cooperation with StaFi Protocol, a DeFi staking liquidity provider in the Polkadot ecosystem. We will provide our open and stable API service to facilitate development of the StaFi browser, wallet and other De...

Polkadot (DOT) Completed Bullish Gartley Setup For Upto 32.4% Bullish Move

11 Dec 2020 1 minute read 0 comments moon333

On daily chart, the price action of Polkadot (DOT) has completed the final leg of Gartley pattern and entered in potential reversal zone.  Click here to create free account on tradingview to watch and play the chart on realtime     Buying And Sell T...

What is Wrapped Bitcoin?

5 Nov 2020 1 minute read 0 comments Coincobra

Wrapped Bitcoin is Ethereum's Bitcoin. In fact wBTC is the largest tokenized ERC-20 asset that is currently traded on the Ethereum blockchain. Therefore, it is the version of the BTC in Ethereum in the DeFi ecosystem. This Token is already listed on...

What is Polkadot? 5 minute to understand concept of Polkadot

23 Sep 2020 5 minute read 0 comments PengSeung

The author of this article is Bruno Škvorc, a developer and blockchain science worker from Croatia.   In 2015, Bruno joined the Ethereum ecosystem full-time and created popular science tutorials and programming courses for many novice developers, as...

DeFi's and the advance over traditional

16 Sep 2020 1 minute read 1 comment alquimista1501

I have already commented on other occasions about the explosion that is being experienced with Decentralized Finance (DeFi) and how the acceptance of the crypto-enthusiastic public in general is increasing. The massive adoption of many of its platfor...

USDT GO TO OVERTAKE ETHER

19 Oct 2020 1 minute read 0 comments Coincobra

Hello 🤑 Recently, some websites and experts have said that Tether will soon be overcome in market capitalization  by Ethereum.This means that after Bitcoin it will be the most traded in the cryptocurrency market. And the best with all the stability p...

Shadows Network - A Polkadot Based Asset Trading Platform to Get Risk Coverage from Bridge Mutual

16 Mar 2021 1 minute read 0 comments Novasky

Polkadot has been getting a lot of trading and staking projects for some time now. The amount of projects investing into the Polkadot ecosystem for asset trading and the DeFi has been in rise this quarter. Yesterday an asset trading platform named Sh...

REEF FINANCE LAUNCHES!!

29 Dec 2020 1 minute read 0 comments EliteHodler

The Reef Finance Coin finally launches, reaching a value of $0.30 in the first hourly candle and closing at just under $0.02 USD. What is Reef Finance? Reef is a DeFi operating system, smart liquidity aggregator, and yield engine that resolves these...