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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.


Weekly Crypto Portfolio Update

26 Jan 2021 1 minute read 0 comments JayC0730

BTC - 69.34% ( Was 72.50%) My BTC position finally dipped into the 60s range as a percentage of my portfolio. I expect this trend to follow as we get deeper into the bull cycle. I can see it reaching the low 50s as my other coins raise in value. BTC...

New Investment in Polkadot - Waiting the Sucess

25 Jan 2021 1 minute read 1 comment Makingdigital

I couldn't resist, yeah. I'm sorry. Excitement and anxiety have invaded my comfort zone. Polkadot and her Parachains represent a spectacular project and I can't be off the boat. The truth is that I did not have much saved. About $ 115. Enough to buy...

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...

Upcoming Polkadot-Related Project - TosDis Finance $DIS IDO On Polkastarter In A Few Days.

20 Jan 2021 2 minute read 0 comments surpassinggoogle

Upcoming Polkadot-Related Project - TosDis Finance $DIS IDO On Polkastarter In A Few Days. This another upcoming crypto that will carry out its IDO on Polkastarter and has attracted some interest. TOSDIS wants to be the total defi package, with $DIS...

Binance Launches Polkadot Powered DOTECO Futures Contract

20 Jan 2021 1 minute read 3 comments Novasky

Polkadot adoption is going pretty strong in 2021. Many new projects are picking up polkadot for their contracts and defi projects. This time Binance, the largest crypto exchange has decided to jump in with the new project with polkadot behind it.  La...

Upcoming Polkadot-Related Project - TosDis Finance $DIS IDO On Polkastarter In A Few Days.

16 Jan 2021 2 minute read 0 comments surpassinggoogle

  This another upcoming crypto that will carry out its IDO on Polkastarter and has attracted some interest. TOSDIS wants to be the total defi package, with $DIS to have a small supply. TOSDIS didn't do a private sale or seed funding and starts out w...

What DOT Community Thinks About The Polkadot Project. Will Dot Reach 100$? Can DOT Topple ETH?

14 Jan 2021 2 minute read 2 comments surpassinggoogle

  In recent livestream, I looked at the Polkadot protocol and blockchain as well as the DOT coin for the first time on the spot. In this video and crypto ulog, I look at tweets pertaining to Polkadot and DOT to see what I can deduce further as a leg...

What is Polkadot?

12 Jan 2021 1 minute read 5 comments nervi

Polkadot - a revolutionary project to be the new Ethereum - this is what Gavin Wood, author of Polkadot, set himself. Today we will take a close look at this cryptocurrency. It is a project offering a platform on which programmers can create and comb...

Polkadot Rebrand through Bounty Program

10 Jan 2021 1 minute read 0 comments Novasky

Polkadot is rebranding. Yes. They will be getting the design and other image rebranding soon.  The community behind the Polkadot is doing this through their governance bounty program.  Design agency Koto studio has put up bounty program for the rebra...

Sushiwap and Polkadot together in 2021

10 Jan 2021 1 minute read 1 comment Makingdigital

In the last 48 hours, the decentralized platform Sushiswap has made public its roadmap for 2021. A roadmap that the company's own managing director promoted through Twitter. This news increased the price of the sushi token by 15%. As a highlight, we...