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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.


Kwikswap Protocol Presents Kwikstarter Incubator & IDO Launchpad on Binance Smart Chain

29 Mar 2021 3 minute read 1 comment Shiller Gorilla

Kwikswap Protocol crew proudly announce Kwikstarter Incubator & IDO Launchpad V1 on BSC (Binance Smart Chain) , our V2 will be powered by Polkadot. Post Polkadot integration, both iterations will function side by side to support BSC and DOT projects...

Let your IoT device spend some money. For your benefit

4 Mar 2021 3 minute read 1 comment Diana King

In 2019, a robot-artist Gaka-Chu first sold its drawing for cryptocurrency. Having received an order directly from a customer via a mobile app, it (or he/she then?) generated a picture for a reward in crypto to pay for electricity and paints. That is...

The Best Projects On Polkadot (Top Ten 2021)

7 Feb 2021 3 minute read 36 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Regarding the technical functioning of Polkadot I had already talked about it in this article: Will Polkadot (DOT) Be The New Ethereum? How Does It Work?However, the most important thing to understand is the functionality of the parachain: independen...

What is Polkadot (DOT)?

6 Mar 2021 1 minute read 0 comments chris04

What is Polkadot (DOT)? Polkadot is a next-generation blockchain, capable of connecting multiple specialized chains into a single universal network. Therefore Polkadot aims to overcome the drawbacks of individual blockchains, i.e. the impossibility o...

Join the Kusama Thousand Validators Programme

14 Sep 2020 1 minute read 3 comments Web3 Foundation

Receive Nominations to Kickstart your Validator on Polkadot’s Wild Cousin, Kusama Kusama network launched in July 2019 as an early, unaudited version of Polkadot’s codebase. The network launched with a set of 25 validators and has been rapidly passi...

Here’s What We Covered During Equilibrium’s Third Community Call

2 Mar 2021 4 minute read 0 comments Equilibrium

We just held the third instance of our community call, which serves as a monthly check-in and update for our growing body of DeFi supporters. Just like the previous two times, we had Equilibrium CEO Alex Melikhov, Director of Customer Success Lesley...

My Crypto Portfolio

26 Aug 2020 6 minute read 14 comments johnwege

I don't know about you guys, but I have become somewhat obsessed with maintaining my portfolio.  Checking the prices each morning when I wake up, looking countless times through out the day and of course before I go to bed.  Not only that but I'm als...

Moonbeam 😎 The Future of Crypto is Multi-Chain

12 Feb 2021 3 minute read 12 comments Cryptonator`s

Not only investors are crazy about the Polkadot ecosystem, but also developers are. The developer community is absolutely excited about Polkadot which is the key factor when it comes to building a whole ecosystem around Polkadot. One of the hottest p...

How Ocean Protocol Is Building The Data Economy Of The Future 🐳

5 Oct 2020 4 minute read 18 comments Cryptonator`s

In my last post, I told you about my TOP 3 DeFi Altcoins Powered By Polkadot. I believe that the three projects Ocean Protocol, Mantra DAO, and Polkastarter are having a huge potential. They are primed for massive gains in the upcoming months. For th...

Polkadot DeFi Alliance has New Member - Deeper Network

7 Mar 2021 1 minute read 0 comments Novasky

Polkadot has managed to get the attention of many DEFi projects and the smart contract companies. There are many decentralized networks out there who are planning on moving their infrastructures to the Polkadot ecosystem. This is not only for the dec...