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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.
10 Jul 2020 2 minute read 0 comments Web3 Foundation
The technology we rely on in our daily lives has, in many respects, fallen out of alignment with human interests, rights, and wellbeing. In response to this growing realization, there's a rising call to action, a global expression of the urgent need...
8 Jul 2020 2 minute read 6 comments Web3 Foundation
Polkadot is a next-generation blockchain protocol that connects multiple specialized blockchains into one unified network. Polkadot builds on the revolutionary promise of previous blockchain networks while offering the following fundamental advantag...
7 Jul 2020 1 minute read 6 comments Sapphire Crypto
Finding New Projects With Promise My readers will know that I don't restrict myself to one aspect of Crypto. I love looking for passive income opportunities, I trade full-time, I do some content creation, build Crypto economies that feed off of each...
6 Jul 2020 1 minute read 3 comments Sapphire Crypto
A Canary Network By now you would have seen Polkadot starting to get some serious attention from a select few in the Crypto space. Kusama was founded by the founder of Polkadot, Gavin Wood. Gavin was also a co-founder and CTO of Ethereum. The officia...
13 Jun 2020 2 minute read 0 comments Iforbusiness
As we all know there are many Blockchains but they can't communicate with each other because every blockchain differs from other blockchains by the means of structure, mining protocol, nature, and goals. So doing a specific task you have to depend o...
10 Jun 2020 1 minute read 2 comments tipplenurkey
If you're new to the world of crypto, like me, you may at first feel as daunted as I did by the thousands of coins and tokens that exist, all at different values, like a stock market all its own. Well, I actually stumbled across Hotbit.io while sear...
7 Jun 2020 1 minute read 0 comments NULS
CRC is a blockchain investment bank founded by senior executives from top investment institutions in China, dedicated to providing institutional investment banking services.https://crc.capital About CRC CAPITAL CRC is a Beijing-based boutique invest...
2 Jun 2020 1 minute read 0 comments NULS
Chain Capital is a blockchain investment fund that has extensive investment experience in digital currencies and stock funds. About Chain Capital: Chain Capital was established in April 2015. The teams covered in Silicon Valley, Toronto, Singapore,...
27 May 2020 1 minute read 0 comments Kluma
The non-profit organization Web3 Foundation has announced the launch of the first phase of the main Polkadot network, without the ability to move DOT tokens. Polkadot developers reported that in the first stage of the launch, the Web3 Foundation will...
14 Apr 2020 1 minute read 0 comments Tokenhell.com
Polkadot Staking The blockchain infrastructure company Bison Trails has signed a partnership agreement with Coinbase Custody to allow Polkadot staking. Through this integration between them, they will allow clients to stake DOT tokens of Polkadot. Bi...
