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? ATH and staking on binance

30 Dec 2020 1 minute read 1 comment arro

Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network. Polkadot provides unprecedented econo...

A better version of Amazon Web Services is decentralised and runs on Polkadot

29 Dec 2020 2 minute read 1 comment Diana King

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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...

REEF FINANCE LAUNCHES!!

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...

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28 Dec 2020 1 minute read 2 comments EliteHodler

Hey! Binance recently introduced Farming for Reef Finance (REEF) on Binance Launchpool, which you can read about it here, https://www.publish0x.com/binance-news/binance-introduces-reef-finance-staking-pool-launchpool-xkyyyze This is my update for far...

Binance Launchpool Reef Finance (REEF) Farming Day 5

28 Dec 2020 1 minute read 1 comment EliteHodler

Hey! Binance recently introduced Farming for Reef Finance (REEF) on Binance Launchpool, which you can read about it here, https://www.publish0x.com/binance-news/binance-introduces-reef-finance-staking-pool-launchpool-xkyyyze This is my update for far...

Binance Launchpool Reef Finance (REEF) Farming Day 4

26 Dec 2020 1 minute read 3 comments EliteHodler

Hey! Binance recently introduced Farming for Reef Finance (REEF) on Binance Launchpool, which you can read about it here, https://www.publish0x.com/binance-news/binance-introduces-reef-finance-staking-pool-launchpool-xkyyyze This is my update for far...

Binance Launchpool Reef Finance (REEF) Farming Day 1-3

25 Dec 2020 1 minute read 0 comments EliteHodler

Hey! Binance recently introduced Farming for Reef Finance (REEF) on Binance Launchpool, which you can read about it here, https://www.publish0x.com/binance-news/binance-introduces-reef-finance-staking-pool-launchpool-xkyyyze This is my update for far...

Top 5 Cryptocurrency Movers for December 24, 2020

24 Dec 2020 1 minute read 1 comment JakeB

Welcome to “Top 5 Cryptocurrency Movers” where I look at all the major crypto coins on the market and choose the five that made the biggest move (either positive or negative) on this day, explaining my thoughts why the move happened, as well as the h...

Binance introduces REEF Finance Staking Pool (Launchpool)

24 Dec 2020 1 minute read 2 comments EliteHodler

Binance recently announced the new Reef Finance (REEF) on Binance Launchpool! Farm REEF By Staking BNB, BUSD & DOT Tokens Launchpool Details: Token Name: Reef Finance (REEF) Total Token Supply: 20,000,000,000 REEF Launchpool token rewards: 600,000,00...