Sirwin
Sirwin

Polkadot Network (DOT)

699 Articles 52,581 Followers

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.


Fidelity acquisition rumor + "Summer in Crypto" + Cosmos Network and Polkadot join the Crypto Unicorns list - Report reveals

11 Aug 2019 1 minute read 0 comments CryptoTapas.com

CV VC Report commissioned in collaboration with PwC and Strategy& has released its Top 50 picks for the first half of 2019 who are headquartered in Switzerland and Lichtenstein.  Report sheds a positive light on the Crypto space calling the space to...

Polkadot Hello World #1: Cost-Effective Cloud Deployment of a Validator Node

8 Aug 2019 10 minute read 0 comments talfco

This tutorial is based on Polkadot POC2, but may also work for POC3.   The following article series “Polkadot Hello World" describes the steps and findings during my personal kickoff phase in the area of the Polkadot multi-chain framework.   In the l...

(IJCH) Understanding the Different Colored Blockchain/Cryptocurrency Project Papers - A short Description of The White, Yellow, Mauve, Polkadot, Green, Blue, and Red Papers

30 Jan 2019 4 minute read 0 comments JaiChai

(IJCH) Understanding the Different Colored Blockchain/Cryptocurrency Project Papers - A short Description of The White, Yellow, Mauve, Polkadot, Green, Blue, and Red Papers   Source   IJCH - Inside JaiChai's Head (Meaning: My Warped, Personal Opinio...

Onboard Web3 Taking Advantage of Galxe Platform

16 May 2024 1 minute read 0 comments kostkond

Galxe stands at the forefront of blockchain innovation, presenting a paradigm shift in the accessibility and usability of decentralized finance (DeFi). At the heart of Galxe lies a commitment to democratizing financial services by seamlessly integrat...

Setter Potential airdrop: Backed by A16z

3 Jan 2024 1 minute read 0 comments FreedomBuilder

Setter raised $5M and as Lead Investor we have A16z and Serena Williams the American tennis player lol.https://cryptorank.io/price/setter  What is Setter:- Application and wallet for drops and the community.- Setter aims to solve the complexity and...

Ended up exploring Raresama NFT platform post the Polkadot Now India Conference

19 Apr 2023 6 minute read 0 comments Greenchic

  Attended my first ever crypto conference on 1st April!! No, it was for real, Polkadot Now India Conference on April 1st was no April fools prank!! On 1st April, I attended my first ever crypto conference, which was #PolkadotNowIndia that took pla...

Bull Market Appears with Highly-anticipated Airdrops? How Can Ordinary Projects Achieve Growth?

17 Apr 2023 7 minute read 0 comments Web3 MKT Researcher

The price of BTC hit $27,000 and ETH hit $1,700. Two popular projects – Arbitrum and Space ID held exciting airdrop events. The bull market is here?!  Let’s take a look at the airdrops emerging in March: SafeDAO: “Redistribute unclaimed SAFE airdr...

ISKRA Air Drop

8 Apr 2023 1 minute read 0 comments AlABB

 ISKRA Token is a digital currency used within the ISKRA gaming platform, designed to connect gamers and game studios. It offers users access to quality blockchain games and provides a platform to build gaming communities. The ISKRA Token has three p...

How to Earn Cryptocurrencies on LeoThreads (Microblogging)

1 Nov 2022 1 minute read 0 comments Kolus290

  Today I want to give my review about LeoThreads because I simply think it is something that as an active and committed user of Leofinance you should do. Actually this platform is very good to earn $LEO token for making very short posts, because t...

Noise.cash Web 3 Twitter competitor update.

13 Mar 2022 1 minute read 0 comments Nuggets

This is going to be a short post so don't worry about reading to much. You have to read the other post yesterday about Web3 social media to if it's for you. .It's been almost 48 hoirs since I actively started using noise cash the platform.i even dow...