Sirwin
Sirwin

Polkadot Network (DOT)

696 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.


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2 Aug 2021 5 minute read 1 comment RalleCrypto

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30 Jul 2021 1 minute read 0 comments Novasky

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26 Jul 2021 1 minute read 1 comment Novasky

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25 Jul 2021 4 minute read 0 comments dimonbuton

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22 Jul 2021 1 minute read 1 comment Novasky

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21 Jul 2021 1 minute read 7 comments CryptoPlankton

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20 Jul 2021 3 minute read 3 comments BussTechno

I have an obsession with the future of web3 platforms, Polkadot.  It goes up... I buy a bit.  It goes down...I buy tons more.  I loaded up my bags once again this morning adding an additional 24% to my holdings.  At the current price of below $11 I s...

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20 Jul 2021 3 minute read 1 comment Michael Selge

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19 Jul 2021 1 minute read 2 comments Fety Bernard Etienne(fetinafety)

Salama Everyone, Hahaha. Do you know that to own 1DOT by May 2021 was worth 50USD?  Today it's worth 4,5USD in Polkadot (DOT) around if you push the buy button. What I love the most about the Dump market is the accumulation zone where I can get more...

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8 Jul 2021 3 minute read 7 comments Zacharias

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