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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.


Blockchain Jobs And The Rise Of Web 3.0

10 May 2021 8 minute read 0 comments TheCriptonaut

Hi there, let's get straight to the point :) Today I want to give a quick overview of new crypto-related jobs and the rise of web 3.0 (which is going to be 4.0 really soon!). Hope you enjoy this :) Here's what you'll find here: A brief introduction...

DOT how long should I wait?

4 May 2021 1 minute read 6 comments amtraderpro

Hi guys! My last post analysis on DOT seemed to start working out till the moment when BTC crashed and dragged the whole market down. That's why I always say no matter the setup on alts, BTC is the boss on this market for now and if it's dumping then...

Reef finance and it REEF

3 May 2021 1 minute read 2 comments Akterron

  Reef Finance Reef Finance is based on different Blockchain Polkadot smart contracts and has as main component an engine called the shopping cart engine, through which it is possible to access different cross-chain DeFi strategies with just one cl...

Polkadot, the King of Cross-chain Explained

27 Apr 2021 5 minute read 15 comments DigiFinex

1.What is Polkadot? Polkadot, a "heterogeneous blockchain" founded by Gavin Wood, former CTO of Ethereum, is an impeccable blockchain project that is perfect in every sense. Its founder, Gavin Wood, is the author of the Ethereum White Paper and the...

The Booming Polkadot Ecosystem and Its Top Tokens

1 May 2021 4 minute read 2 comments NYC Adriana

Polkadot’s native coin DOT has quickly risen to become one of the largest cryptocurrencies. In step with this, the sheer number of projects to emerge in the wider Polkadot ecosystem has been nothing short of dizzying.  In simple terms, Polkadot is a...

Polkadot Gets New Trust Product through Osprey Funds

29 Apr 2021 1 minute read 0 comments Novasky

Every month we are getting some good news from the Polkadot network about it's adoption in the various CeFi and DeFi market. Previously Polkadot was listed as an instrument in one of the popular CeFi market. Osprey Funds recently announced that they...

Polkadot (DOT) forming bullish Shark for upto 73.5% move

19 Apr 2021 1 minute read 4 comments moon333

Hi dear friends, hope you are well, and welcome to the new update on Polkadot (DOT) coin.Previously we had a nice trade by DOT: https://www.tradingview.com/chart/DOTUSDT/zcEOlVjP-DOTUSDT-completed-Gartley-Upto-32-4-move-expected/    Now on the 2-day...

So I Got Lucky and Stand to Make an On-Paper Huge Windfall Playing ALIEN WORLDS

12 Apr 2021 1 minute read 8 comments kev_nag

About four months ago, on a lark, I read an article from Banano which referenced a game called Alien Worlds. Honestly, what initially caught my eye was the potential to have CrptoMonkeys dropped by playing the game, mining on the MonkeyMining propert...

What Is Polkadex (PDEX) And How Does It Work? | KuCoin Crypto Gem Observer

16 Apr 2021 2 minute read 3 comments KuCoin Blog

To this day, there is still much debate around the benefits of centralized exchanges versus their decentralized counterparts. While DEXs are the champions when it comes to anonymity, their low liquidity in comparison with CEXs can be a major deterren...

Tether Coming Soon to Polkadot and Kusama Blockchain

13 Apr 2021 1 minute read 1 comment Novasky

Polkadot is getting a lot of new projects slowly. It's really interesting to see that polkadot not only has the Akala network for stablecoin but now they are going to have the Tether network too. Tether is the stablecoin infrastructure that is on ETH...