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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.


EQUILIBRIUM: Expanding the DeFI Horizons!

8 Nov 2020 5 minute read 4 comments SamBTC

The crypto world is totally buzzing these days with new projects popping up every other day. There is a wide variety of projects offering options like moderate but safe and stable rate of interests which are better suited. There also projects offerin...

Self-Updating Self-Governed Blockchain System: KULUPU

29 Nov 2020 5 minute read 0 comments insidetrader

After the creation of the ‘’blockchain’’ idea, people started to become one of the first early adopters, believers, and holders. To achieve that, someone has to maintain a regular increase in the number of coins she/he has. Because in the beginning,...

A week in Kusama: November 9 - 15, 2020

16 Nov 2020 1 minute read 0 comments Web3 Foundation

  Kusama News The default node for Westend was down on Monday for a while. It is once again available and you should be able to access Westend from Polkadot-JS. If you are interested in being a validator on Kusama, check out the Thousand Validators...

Kusama - Why It Has Been One Of My Best Altcoin Picks In 2020!

11 Nov 2020 2 minute read 0 comments Sapphire

Holding Strong Kusama has performed exceptionally well during 2020 and just so happens to be one of my best picks this year. Unibright is another altcoin I picked up in late 2019, if I remember correctly and is still up approximately 1000% from my en...

No. 1 $$$ Strategy in This Crypto Market — Coin Jumping

25 Nov 2020 3 minute read 4 comments AlucardLife

If you have a hare trigger trading personality like mine, you know the feeling of itchiness in a bull market. If you're anything like me, you don't have unlimited funds and you want to make the most of good times. Here's the strategy I'm using now to...

Bitcoin + Ethreum = Wrapped Bitcoin

25 Nov 2020 1 minute read 1 comment Coincobra

Wrapped Bitcoin is Ethereum's Bitcoin. In fact wBTC is the largest tokenized ERC-20 asset that is currently traded on the Ethereum blockchain. Therefore, it is the version of the BTC in Ethereum in the DeFi ecosystem. This Token is already listed on...

E&S Token Review: Polkadot

29 Nov 2020 3 minute read 3 comments MikeZillo

Hello everybody and welcome back in this third token review of my new “Easy & Short Cryptocurrencies Made Accessible” area. Today I will introduce Polkadot to you. Polkadot is a revolutionary blockchain infrastructure designed to enable the next gene...

5 Facts About use Bitcoin PayPal

30 Nov 2020 1 minute read 7 comments Coincobra

  Fact 1 On October 21 it was announced by PayPal that from the beginning of next year, 2021, this giant company will accept payments through cryptocurrencies Bitcoin, Bitcoin cash, Ethereum and Litecoin. Fact 2 PayPal has a partnership with approx...

A week in Polkadot: November 2 - 9, 2020

9 Nov 2020 2 minute read 0 comments Web3 Foundation

Polkadot News Bruno Škvorc, Technical Educator at Web3 Foundation, showed how to add your own Substrate pallets to a blockchain (increasing its functionality). https://www.crowdcast.io/e/substrate-pallets/ Bruno is also a Polkadot and Kusama Council...

A week in Polkadot: November 16 - 22, 2020

23 Nov 2020 1 minute read 2 comments Web3 Foundation

Polkadot News Motion 39 by Subscan for operating expenses has passed: https://polkadot.polkassembly.io/motion/39 Motion 41 to cancel an (ancient) erroneous proposal is being voted on: https://polkadot.polkassembly.io/motion/41 Dia is planning to beg...