Polkadot Network (DOT)

705 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.


Interplanetary File System (IPFS) and Blockchain: Decentralizing the Web

30 Apr 2024 6 minute read 1 comment letssittt

Introduction to Web3 and Decentralization In the era of the digital transformation, the idea of decentralization has been gaining momentum at the same time. For the most part, it is the growth in the development and adoption of blockchain technology...

Inleo has made Hive onboarding process fast and simple

11 Apr 2024 4 minute read 0 comments mango juice

Hello readers, I hope you all are doing well in life and also hustling in this amazing Web3 world. If you are connected with this vast Hive blockchain then you must have at least heard of the Inleo platform and community that is being built on the Hi...

Ushering in the Next Big Change in Crypto Space: Web 3.0 Technologies

9 Apr 2024 5 minute read 0 comments letssittt

The course of the development of the internet has been literally continuous, invariably affecting the assemblage of the online world. From a static nature of Web 1.0 to a dynamic nature of Web 2.0, you will have witnessed critical leaps in the evolut...

Grillapp - Polkadot SubSocial Network Earning SUB token

5 Apr 2024 1 minute read 0 comments Novasky

I am not good with the social network. I have 900 following on Publish0x, but I am not the really chatty type. Due to the family and the debt issues in real life I kind of am on the clock limits. It has made my life a bit more worst with the social n...

New video about a platform called Grill (Polkadot Blockchain)

3 Apr 2024 1 minute read 0 comments Earn With Hatty

Hey ! I just finished my latest video! This video is called “Grill - Lighting The Social Flame on Polkadots Blockchain”. This video is about the Polkadot blockchain and a platform called Grill. I hope everyone enjoys it and let me know what you think...

Is Polkadot Ded?

1 Apr 2024 1 minute read 1 comment Cryptofab

You may have seen the meme “DOT is ded”... The market's been on a tear lately, but what about Polkadot (DOT)? It's been climbing, but is there more gas in the tank? Some articles suggest that DOT might be undervalued and poised for a jump, especially...

Web3 and Cybersecurity: Navigating the New Frontier

21 Mar 2024 1 minute read 0 comments CarLKhaL149

The emergence of Web3 is set to revolutionize the internet as we know it, introducing a decentralized ecosystem built upon blockchain technology, cryptocurrencies, and token-based economics. This paradigm shift promises to enhance user sovereign...

How to monetize your content with Grill – Earn SUB Tokens

15 Mar 2024 1 minute read 0 comments Makingdigital

Without a doubt, the Polkaverse platform, now integrated with Grill and SubIO, is one of the platforms that has surprised us the most this year. They have continued working for many months in the shadows, with the platform almost in its infancy. It's...

MAIDSAFE's Internet 2.0+WEB3.0: THE SAFENETWORK RISING ETA OCTOBER 2024

7 Mar 2024 5 minute read 4 comments Thunderboltkid

Complete with RoadMap, New CEO, BETA Details and Rewards, plus Airdrops Maidsafe, the little "Scottish" team that never gave up, endured some early BIG bumps in the road back in 2015, suffered a key leadership COO loss awhile back and,  endured a wh...

Polkadot crossed the $10 hard resistance and it is on the way to move for new heights?

7 Mar 2024 2 minute read 0 comments HiRaj

Dear Readers, Even though there is some slight sideways movement here and there, the overall condition is there is a wide range of bullishness.   There are various good news came in from across various coins.  We have also witnessed a heavy bull run...