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.


BIG NEWS - COINBASE VENTURES is Backing DeFi in the POLKADOT System

2 Apr 2021 1 minute read 3 comments kev_nag

COINBASE VENTURES, the investment vehicle of the COINBASE EXCHANGE, has invested in a Layer-1 Blockchain design that when complete will bring full service DeFi to POLKADOT. The investment is split between ACALA and KARURA, however neither the amount...

Polkadot Parachain Launch Roadmap & Common Good Chains

1 Mar 2021 1 minute read 1 comment Novasky

Polkadot is now getting it's parachain ready for the final stage. A lot of crypto projects are interested in the parachain interoperability and dot's scaling capacity. So it's interesting to see how it goes in real world scenario. The team behind the...

A week in Kusama: December 7 - 13, 2020

14 Dec 2020 1 minute read 1 comment Web3 Foundation

Kusama News From Dec 9,The maximum number of Kusama validators in the active set has started to increase by 1 each era until it reaches 900 validators (increasing from 700). Polkadot-JS now has a page to view bounties. https://polkadot.js.org/apps/?...

How to Staking Polkadot on Binance

11 Mar 2021 1 minute read 4 comments Makingdigital

One of the most interesting tools that we find on the Binance platform is its Staking service. The most popular centralized exchange internationally, not for this reason, the best in the world, offers the user many opportunities. We only have to pay...

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...

A week in Polkadot: January 11-17, 2021

18 Jan 2021 2 minute read 0 comments Web3 Foundation

Polkadot News Polkadot 0.8.27 has been released - see release notes here: https://github.com/paritytech/polkadot/releases/tag/v0.8.27 Web3 Foundation's grants program has now issued 200 grants - and 100 of those are since May 2020. https://medium.co...

A week in Polkadot: November 9 - 15, 2020

16 Nov 2020 1 minute read 0 comments Web3 Foundation

Polkadot News A HIGH PRIORITY upgrade has been released for Polkadot, 0.8.26-1. This fixes a DoS vector in 0.8.26. https://github.com/paritytech/polkadot/releases/tag/v0.8.26-1 Joe Petrowski announces and explains his Polkadot validator setup. https...

Equilibrium is Releasing its Core Business Logic on its Public Testnet

5 Nov 2020 1 minute read 4 comments Equilibrium

Equilibrium is launching its core business logic on Polkadot on the testnet! The public testnet is a major milestone for us and will present everything that has been built so far. Users are welcome to join and experience the system for themselves. Ma...

Polkadot Wallets - Where to Store your DOT

17 Feb 2021 1 minute read 3 comments Novasky

Polkadot is getting popular and a lot of wallets have started supporting the DOT in their wallets. Considering DOT is among the top 20 cryptocurrency in the market. There is going to be a support for more wallets on all platforms supporting the DOT i...

Woow !!! Polkadot (DOT) Has Completed Bullish Setup For Another Rally Upto 99%

10 Oct 2020 1 minute read 3 comments moon333

Hey, friends hope you are well and welcome the new update on Polkadot (DOT). In this video you will watch how:  On a daily chart, the price action of DOT is moving in a down channel and making a powerful attempt the breakout the resistance of this c...