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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:
Polkadot is the brainchild of Gavin Wood, co-founder and former CTO of Ethereum.
14 Sep 2020 1 minute read 4 comments Sapphire
It Has Happened A while back I mentioned the possibility of DOT dethroning LINK from the number 5 spot on Coinmarketcap. Well, DOT has flipped LINK but BNB has surprised both to slip in and steal the number 5 position. At the time of mentioning this...
14 Sep 2020 2 minute read 4 comments pheonixdown-dee
The Polkadot (DOT) price has bounced at an important support level and is aiming to break above its previous highs. Failure to break out above the current resistance area could once again trigger a rapid drop towards the $3 level. Polkadot Trad...
14 Sep 2020 1 minute read 1 comment alquimista1501
The objective of the monopoly is simple, win the most money and goods while making your opponents go bankrupt. This is achieved by acquiring property, building houses and buildings, and collecting rent for your properties.Controlling the offer is tha...
14 Sep 2020 3 minute read 4 comments DBit
You have likely been told to do your “due diligence and research” on every crypto under the sun. This article offers a quick way to kick-start your Polkadot research by covering the basics. That said, what follows is not financial advice. What is Pol...
13 Sep 2020 1 minute read 0 comments surpassinggoogle
In this cryptoulog, we will take a quick look at Phalanetwork and its coin PHA, which has started out big listing on Huobi, which is well established and big exchange. Did Phala moonshot in turn? What happened to its price once it listed on Huobi? Ho...
12 Sep 2020 2 minute read 10 comments kodi0014
Intro: During the September dip I have bought some Polkadot, XRP and Ethereum. One of the authors of Publish0x suggested me in a comment to check out a wallet which offers VPOS (basically staking for the crypto to be mined) and a few days ago I decid...
11 Sep 2020 1 minute read 4 comments alquimista1501
We see that the DeFis have become a double-edged sword and we can validate this earlier this month when we were able to observe transactions with commissions that reached the incredible amount of $ 500,000. With a Hash that has grown and a market pri...
11 Sep 2020 1 minute read 2 comments doyouminecrypto
Hello! Pretty confident in what is playing out here. A trader could buy now and ride it up 16%, as opposed to, waiting for it to breakout from the ascending triangle. There is a nice little equilateral triangle playing out on the 30 min....
11 Sep 2020 1 minute read 0 comments Gamma
Kraken and Binance blamed for Polkadot DOT listing Both the Kraken and Binance platforms listed Polkabot's DOT 3 days before their upgrades. This upgrading is done with a ratio of 1:100 by a process called New DOT. This leads to a competition to the...
10 Sep 2020 2 minute read 8 comments Web3 Foundation
“Polkadot empowers the individual against much more powerful corporate and state actors.”Dr. Gavin Wood, Polkadot Founder Polkadot is a next-generation blockchain protocol that unites an entire network of purpose-built blockchains, allowing them to...
