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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.

What DOT Community Thinks About The Polkadot Project. Will Dot Reach 100$? Can DOT Topple ETH?

14 Jan 2021 2 minute read 2 comments surpassinggoogle

  In recent livestream, I looked at the Polkadot protocol and blockchain as well as the DOT coin for the first time on the spot. In this video and crypto ulog, I look at tweets pertaining to Polkadot and DOT to see what I can deduce further as a leg...

Polkadot Staking Now Supported in Moonstake Wallet

14 Jan 2021 1 minute read 2 comments Novasky

Moonstake is one of the popular wallet for crypto investors that is designed with staking in mind. In past they have supported various crypto currencies for staking namely - cosmos, cardano, Tezos, Iris and few others.  Few days back, they announced...

Upcoming Defi Projects based on Polkadot

12 Jan 2021 1 minute read 0 comments Makingdigital

If there is a blockchain capable of satisfying the needs of any user, at the same time and combining hundreds of cryptocurrencies, that is Polkadot. One of the queens for this 2021.This January they are announcing many new features in the world of Da...

What is Polkadot?

12 Jan 2021 1 minute read 5 comments nervi

Polkadot - a revolutionary project to be the new Ethereum - this is what Gavin Wood, author of Polkadot, set himself. Today we will take a close look at this cryptocurrency. It is a project offering a platform on which programmers can create and comb...

A week in Kusama: To January 10th, 2021

11 Jan 2021 2 minute read 0 comments Web3 Foundation

Kusama News The Kusama Digest has been off for a couple of weeks, so this will be a high-level review of some VERY exciting times in the Polkadot ecosystem. There has been quite an upsurge in scams recently. Please be aware, THERE IS NO DOT AIRDROP....

A week in Polkadot: To January 10, 2021

11 Jan 2021 2 minute read 6 comments Web3 Foundation

Polkadot News The Polkadot Weekly News has been off for a couple of weeks, so this will be a high-level review of some VERY exciting times in the Polkadot ecosystem. There has been quite an upsurge in scams. Please note: THERE IS NO DOT AIRDROP. Roc...

Polkadot Rebrand through Bounty Program

10 Jan 2021 1 minute read 0 comments Novasky

Polkadot is rebranding. Yes. They will be getting the design and other image rebranding soon.  The community behind the Polkadot is doing this through their governance bounty program.  Design agency Koto studio has put up bounty program for the rebra...

Sushiwap and Polkadot together in 2021

10 Jan 2021 1 minute read 1 comment Makingdigital

In the last 48 hours, the decentralized platform Sushiswap has made public its roadmap for 2021. A roadmap that the company's own managing director promoted through Twitter. This news increased the price of the sushi token by 15%. As a highlight, we...

Marlin Flowmint - Distribution of MPOND token to Polkadot DOT Stakers & Validators - Enroll Now - Marlin Protocol - Polkadot Network

8 Jan 2021 1 minute read 0 comments ultron91x

Marlin Protocol launched a new mechanism "Flowmint" to distribute Marlin token MegaPOND (MPOND) amongst token holders of different blockchains who staked their tokens towards validators which are whitelisted by Marlin Flowmint. Total supply of MPOND ...

3 Altcoins Set to Explode 💥 FREE Ethereum | Polkadot Parachain Update

7 Jan 2021 1 minute read 1 comment Jay Fried

In this video we will look into 3 #Altcoins Set to Explode, that are launching on the #Polkadot Network. I am also going to do multiple #crypto giveaways and give out a bunch of FREE #Ethereum. Polkadot is set to announce #Parachain assignments for...