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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.


Common Good Parachains in POLKADOT & The Free-Rider Problem

17 Mar 2021 3 minute read 1 comment kev_nag

By way of introduction, the core of the POLKADOT system lies within its Relay Chain which is responsible for the interoperability of the network and the shared network security all while securing the parachains and parathreads within the protocol. Th...

Apron Network - Infrastructure Service Provider at Polkadot

16 Mar 2021 1 minute read 2 comments Makingdigital

One of the advantages of the Polkadot blockchain is that it will allow many applications and companies to integrate their projects and work within it to offer products and services to users who love the DeFi world. The ultimate goal is to provide uti...

Polkamarkets Hits KuCoin...The FOMO was REAL

16 Mar 2021 2 minute read 0 comments BussTechno

Polkamarkets (POLK) was added to Kucoin at 1100 GMT today.  For some U.S. citizens that is too dang early in the morning to be watching the charts; fortunately for you I took one for the team to see what kind of madness was about to happen.  Immediat...

Shadows Network - A Polkadot Based Asset Trading Platform to Get Risk Coverage from Bridge Mutual

16 Mar 2021 1 minute read 0 comments Novasky

Polkadot has been getting a lot of trading and staking projects for some time now. The amount of projects investing into the Polkadot ecosystem for asset trading and the DeFi has been in rise this quarter. Yesterday an asset trading platform named Sh...

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,...

Polkadot DeFi Gateway Reef Finance Gets $20 million from Alameda Research

13 Mar 2021 1 minute read 1 comment Novasky

Polkadot is hot these days with every invested blockchain project in it's ecosystem making some name and earning funding this year. One such project that has got some decent funding for it's DeFi effort is REEF. Reef finance is one of the first cross...

4 Hidden NFT Gems of 2021

12 Mar 2021 4 minute read 1 comment CryptoMarketeer

It all started with punk rock faces in a thousand variations of hairstyle and eye-wear. And then a tribe of bug-eyed fantasy cats took over Ethereum, propelling it to almost take over Bitcoin in market capitalization.  The birth of NFTs — we’ve w...

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...

Statemint - Polkadot's New Generic Asset Parachain Proposed by Parity

10 Mar 2021 1 minute read 0 comments Novasky

Polkadot team last month announced it's Common Goods parachain offering on the slots basis. This opened up a lot of discussions in the Polkadot community. The on-chain governance parachain was offered on the slot basis for upto 2 years before it can...

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...