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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.

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...

Marlin Flowmint - Distribution of MPOND token to Polkadot DOT Stakers & Validators - Enroll Now - Marlin Protocol - Polkadot Network

8 Jan 2021 1 minute read 0 comments ultron91x

Marlin Protocol launched a new mechanism "Flowmint" to distribute Marlin token MegaPOND (MPOND) amongst token holders of different blockchains who staked their tokens towards validators which are whitelisted by Marlin Flowmint. Total supply of MPOND ...

3 Altcoins Set to Explode 💥 FREE Ethereum | Polkadot Parachain Update

7 Jan 2021 1 minute read 1 comment Jay Fried

In this video we will look into 3 #Altcoins Set to Explode, that are launching on the #Polkadot Network. I am also going to do multiple #crypto giveaways and give out a bunch of FREE #Ethereum. Polkadot is set to announce #Parachain assignments for...

First Encounter With The Polkdadot, DOT, XOR & Kusama, By Testing PolkaSwap. Polkaswap Tutorial.

6 Jan 2021 1 minute read 1 comment surpassinggoogle

  So today, I decided to test Polkaswap live to start getting familiar with the Polkadot ecosystem and Polkadot and DOT seem to be getting more established and constitutes an entire trend in the sphere of cryptocurrency for its incorporation of inte...

Acala - Stablecoin on Polkadot

6 Jan 2021 1 minute read 0 comments Novasky

Polkadot has a lot of potential and many development groups around the world are waking up to it's potential. Polkadot has enough means to replace many ETH backed projects on their network. Many of them are stablecoins which could benefit more from t...

3 new reasons to be worried about

4 Jan 2021 1 minute read 1 comment VNFC

hello beware of what I noticed today. It is important to verify the emails received to belong of the official corporation. 1. 2500 XLM Airdrop. Really? I just received an email for an 2500 XLM airdrop if I will fill some info after clicking a link....

PancakeSwap Introduces Reef Finance Staking!

29 Dec 2020 1 minute read 5 comments EliteHodler

CAKE holders, today we are super happy to be able to offer you a new Syrup Pool from Reef, the first cross-chain DeFi operating system built on Polkadot! The Syrup Pool: Stake CAKE tokens, to earn REEF tokens! Total Tokens: 100,000,000 REEF Distrib...


29 Dec 2020 1 minute read 0 comments EliteHodler

The Reef Finance Coin finally launches, reaching a value of $0.30 in the first hourly candle and closing at just under $0.02 USD. What is Reef Finance? Reef is a DeFi operating system, smart liquidity aggregator, and yield engine that resolves these...