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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

28 Sep 2020 2 minute read 6 comments Web3 Foundation

A round-up of what’s new in the Kusama universe, September 21 - 27, 2020 Kusama News Kusama runtime has been upgraded to v2024. https://kusama.polkassembly.io/referendum/84 There is quite a bit of discussion around this Treasury Proposal for weekly...

Presenting the Kusama Network - Polkadot's Wild Cousin

3 Sep 2020 1 minute read 6 comments Web3 Foundation

Kusama is a scalable network of specialized blockchains built using Substrate and nearly the same codebase as its cousin, Polkadot. The origin of Kusama The relationship between society and technology has deteriorated to the point where large entitie...

A week in Polkadot: November 2 - 9, 2020

9 Nov 2020 2 minute read 0 comments Web3 Foundation

Polkadot News Bruno Škvorc, Technical Educator at Web3 Foundation, showed how to add your own Substrate pallets to a blockchain (increasing its functionality). https://www.crowdcast.io/e/substrate-pallets/ Bruno is also a Polkadot and Kusama Council...

A week in Polkadot: November 16 - 22, 2020

23 Nov 2020 1 minute read 2 comments Web3 Foundation

Polkadot News Motion 39 by Subscan for operating expenses has passed: https://polkadot.polkassembly.io/motion/39 Motion 41 to cancel an (ancient) erroneous proposal is being voted on: https://polkadot.polkassembly.io/motion/41 Dia is planning to beg...

The Reason Why I Love Publish0x

20 Sep 2020 1 minute read 8 comments Fety Bernard Etienne(fetinafety)

I joined Publish0x in May 2020, I did not know much about the platform then I kept a distance and skipped the website. Three months later,  I was starting to think about the website again, specifically in August, 1st 2020. I sign in with my tweeter a...

A week in Kusama: To January 10th, 2021

11 Jan 2021 2 minute read 0 comments Web3 Foundation

Kusama News The Kusama Digest has been off for a couple of weeks, so this will be a high-level review of some VERY exciting times in the Polkadot ecosystem. There has been quite an upsurge in scams recently. Please be aware, THERE IS NO DOT AIRDROP....

Polkabridge x Satoshi CLUB AMA Session 17 Jan 2021

28 Jan 2021 12 minute read 0 comments Satoshi Club

PART 1. Introduction of PolkaBridge project and community questions. Hello, Satoshi clubbers and guests of this site. Most of you have already heard about Polkadot. Today we have a project that provides the first decentralized bridge between the Polk...

Weekly Crypto News Roundup - 13 Stories You Should Know About (21st of August - 28th of August)

28 Aug 2020 6 minute read 2 comments pheonixdown-dee

Every week, I will be collecting some news stories / opinion pieces that I have found to be interesting in the crypto world and condensing them down into one easily digestible article. All the article and images are taken from a news source that I li...

Polkadex Review: A Substrate-based Decentralized Exchange with a Centralized UI/UX

19 Nov 2020 4 minute read 2 comments Edward Moon

2020 is the age of decentralized finance (DeFi). Mostly domiciled in Ethereum, the total value locked (TVL) continues to rise. In Q1 2020, the TVL in Ethereum rose above $1 billion, a milestone at that time. Value under management by different DeFi p...

Polkadex x Satoshi CLUB AMA Session 25 Feb 2021

14 Mar 2021 14 minute read 1 comment Satoshi Club

PART 1. Introduction of Polkadex project and community questions. Hello, Satoshi clubbers and guests of this site. We are happy to present you with a project called Polkadex.Polkadex: The trading engine for web3 and Defi. A fully decentralized,...