Sirwin
Sirwin

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.


Manta Network gets funding for On-chain Privacy Solution on Polkadot

20 Oct 2021 1 minute read 0 comments Novasky

Polkadot has a lot of things to fix and there are some of the projects who plan on making those fixes. So apart from the smart contract that were fixed by the Acala network. Now the on chain privacy solution from the external projects like Manta netw...

Polkadot Founder Gavin Wood Declares $774 million Fund for DeFi

19 Oct 2021 1 minute read 1 comment Novasky

Polkadot has been getting a lot of funding and attention for various projects. Last year, Binance jumped in on the development of the smart contracts and the financial DeFi use case for the Polkadot. This year the growth continues with the Gavin Wood...

Polkadot Update October 14th, 2021

14 Oct 2021 1 minute read 3 comments Fety Bernard Etienne(fetinafety)

The Polkadot project has released the Parachains auction schedules on October 13th, 2021.   Polkadot (DOT)   Coin jumped up to 42USD in less than 2hours on October 13th, 2021. At the time of writing DOT is trading 41.25USDT and down 1% in the past 2...

Polkadot Breaking Out!

14 Oct 2021 2 minute read 6 comments Anarchiss

Polkadot has finally announced the parachain slot auctions. This has been hotly anticipated for months ever since the slot auctions on Polkadot’s test net Kusama went smoothly over the spring and summer of this year. With the summer market slump in t...

Crypto gem - Secret Network SCRT

13 Oct 2021 1 minute read 2 comments Cryptofab

If you want to multiply by 50 your investment, you will not make it with a well-known crypto. You have to find the next crypto gems. One of these gems is the Secret Network coin SCRT. It is the first privacy-coin using smart contracts. SCRT is like M...

Wanchain DeFi Integrates Polkadot into Cross-Chain Infrastructure

13 Oct 2021 1 minute read 0 comments Novasky

While looking at the Twitter activity for the Polkadot, I came across one interesting thing. I thought I should share with you here. Polkadot being the favorite of many financial institutions, wanchain has managed to capture it as well for their own...

Hurry Up To Get An Increased 15% Bonus For Equilibrium Waitlist Participants!

13 Oct 2021 1 minute read 0 comments Equilibrium

There’s no time like the present to earn a 15% bonus in EQ tokens on your contributions to the Equilibrium crowdloan campaign! Join the crowdloan waitlist, invite your friends, and collect your bonuses! For those who join Equilibrium’s crowdloan wait...

Blockchain applications in robotics and AI: online workshop

11 Oct 2021 1 minute read 2 comments Diana King

The IROS 2021 Online workshop about blockchain applications in robotics and automation will take place on 15th of October. This event puts its main focus on presenting, discussing, and exchanging ideas that address the benefits and challenges of dece...

Filecoin in focus, building a decentralized web of storage

7 Oct 2021 3 minute read 10 comments Austras

  Background Filecoin was created to help combat cybersecurity threats by providing a Decentralized Storage Network (DSN) that helps keep files safe & encrypted while the pricing would also be competitive. Protocol Labs is the company behind this ide...

My End of Year Crypto Price Predictions

1 Oct 2021 5 minute read 14 comments johnwege

It's official, we have finally reached the 4th quarter of the year with it being October 1st.  We are in the midst of a bull run, and everyone knows that the 4th quarter of the year is usually when prices go parabolic during bull runs.  There are som...