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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.


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,...

A week in Kusama

21 Sep 2020 2 minute read 1 comment Web3 Foundation

A round-up of what’s new in the Kusama universe, September 14 - 20, 2020 Kusama News Bryan Chen of Laminar has implemented logic gates using only Kusama transactions. 8) https://gist.github.com/xlc/f064f492a4040f698a2b4eb838f0bf2b Bruno Skvorc creat...

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...

Bitcoin (BTC) is showing some movement and gets dragged upwards by Ethereum ! Quick update on BTC and some new buy-ins in Altcoins !

1 Sep 2020 4 minute read 3 comments Djordi

Hi everyone, Bitcoin (BTC) closed a monthly candle yesterday and it closed on a positive note. It held support around the 11.500 $ level and this is good news. It seems we are consolidating and this would imply a further upwards move in September tow...

Upcoming Polkadot Crypto - Tosdis & $DIS Posed For 10X? Uniswap, Korea Marketing, Bear Markets.

21 Jan 2021 2 minute read 7 comments surpassinggoogle

  I covered Tosdis finance and $DIS in a previous livestream and I wasn't as interested in it as I am today, after paying closer attention to it. My interest was Paid network and $PAID which I had also covered but its Uniswap listing was postponed t...

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...

Kusama Prints A New ATH - Is Unibright Next?

4 Dec 2020 1 minute read 6 comments Sapphire

Key Component Of The Polkadot Ecosystem Kusama has managed to somehow escape the effects of severe market dumps throughout 2020! In the cases where KSM did correct along with the rest of the market, it lagged and often only dropped days after the bro...

Bullish altcoin - DOT to moon

10 Mar 2021 1 minute read 2 comments Cryptofab

Polkadot is now the coin #4 in market cap... outpassing Cardano. DOT is only 15% lower in market cap than BNB - the #3, which surged again this week as explained in my previous article. In the short term, BNB should remain higher than DOT in market c...

A week in Polkadot: December 7 - 13, 2020

14 Dec 2020 1 minute read 1 comment Web3 Foundation

Polkadot News The maximum number of validators in the active set has started to increase by 1 each era for 44 eras, leading to a new maximum of 296 (currently 252). https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc.polkadot.io#/democracy/dispatch Th...