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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.


A week in Kusama. A round-up of what’s new in the Kusama universe, September 28 - October 4, 2020

5 Oct 2020 2 minute read 2 comments Web3 Foundation

Kusama News There is a discussion on the NFT strategy for Kusama taking place here: https://kusama.polkassembly.io/post/303 Kappa Sigma Mu is now up to 17 members. Congratulations to the new members! https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fcc3...

A week in Kusama: November 9 - 15, 2020

16 Nov 2020 1 minute read 0 comments Web3 Foundation

  Kusama News The default node for Westend was down on Monday for a while. It is once again available and you should be able to access Westend from Polkadot-JS. If you are interested in being a validator on Kusama, check out the Thousand Validators...

Kusama - Why It Has Been One Of My Best Altcoin Picks In 2020!

11 Nov 2020 2 minute read 0 comments Sapphire

Holding Strong Kusama has performed exceptionally well during 2020 and just so happens to be one of my best picks this year. Unibright is another altcoin I picked up in late 2019, if I remember correctly and is still up approximately 1000% from my en...

A week in Polkadot: October 12 - October 18, 2020

19 Oct 2020 2 minute read 2 comments Web3 Foundation

Polkadot News Hello World! by Polkadot is live. It’s a Gitcoin-powered learning challenge where you can earn DOT and KSM. http://bit.ly/0x2HcwPtd  The latest episode of the Polkadot-focused podcast, Relay Chain, covers staking with Bison Trails. htt...

E&S Token Review: Polkadot

29 Nov 2020 3 minute read 3 comments MikeZillo

Hello everybody and welcome back in this third token review of my new “Easy & Short Cryptocurrencies Made Accessible” area. Today I will introduce Polkadot to you. Polkadot is a revolutionary blockchain infrastructure designed to enable the next gene...

Polkadot (DOT) Due Diligence Cheat Sheet

14 Sep 2020 3 minute read 4 comments DBit

You have likely been told to do your “due diligence and research” on every crypto under the sun. This article offers a quick way to kick-start your Polkadot research by covering the basics. That said, what follows is not financial advice. What is Pol...

DOT-KSM are heating up..

3 Apr 2021 2 minute read 0 comments amtraderpro

Hi guys! DOT really met my expectations from previous post and I would say even more! After the news that Coinbase Ventures backs Acala Network on Polkadot, token DOT made a nice leap, breaking with ease the psychological level of $40 and closing the...

What Is Polkadot (DOT) And Is It The Next Big Thing?

4 Aug 2020 3 minute read 3 comments reedyzzx

In the past few years, many people have been wondering what will be the next big blockchain project. Ethereum has been successfully adopted by DApp developers, and it keeps growing as time goes by. However, as Ethereum grows, it also raises the same...

How To Buy Polkadot Coin?

9 Mar 2021 3 minute read 0 comments StealthEX

If you are looking for where to buy Polkadot coin, we will show you how to buy Polkadot coin for another cryptocurrency using the StealthEX exchange platform. StealthEX is a convenient and user-friendly cryptocurrency exchange. What Is DOT Coin? Polk...

Adoriasoft's Cosmos SDK supports Polkadot Parachain

21 Feb 2021 1 minute read 1 comment Novasky

Polkadot's substrate framework has helped many existing blockchains turn into a Parachain of Polkadot. Parachains allow developers to keep their existing released blockchain effort while migrating to the Polkadot network. The recent blockchain that h...