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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.


Binance Launchpool Reef Finance (REEF) Farming Day 1-3

25 Dec 2020 1 minute read 0 comments EliteHodler

Hey! Binance recently introduced Farming for Reef Finance (REEF) on Binance Launchpool, which you can read about it here, https://www.publish0x.com/binance-news/binance-introduces-reef-finance-staking-pool-launchpool-xkyyyze This is my update for far...

Top 5 Cryptocurrency Movers for December 24, 2020

24 Dec 2020 1 minute read 1 comment JakeB

Welcome to “Top 5 Cryptocurrency Movers” where I look at all the major crypto coins on the market and choose the five that made the biggest move (either positive or negative) on this day, explaining my thoughts why the move happened, as well as the h...

Binance introduces REEF Finance Staking Pool (Launchpool)

24 Dec 2020 1 minute read 2 comments EliteHodler

Binance recently announced the new Reef Finance (REEF) on Binance Launchpool! Farm REEF By Staking BNB, BUSD & DOT Tokens Launchpool Details: Token Name: Reef Finance (REEF) Total Token Supply: 20,000,000,000 REEF Launchpool token rewards: 600,000,00...

Moonbeam - An Ethereum Compatible Smart Contract Parachain Platform

21 Dec 2020 1 minute read 0 comments Radoslaw R.B. (R4d3k)

Moonbeam is a smart contract parachain that is developed on the Polkadot network. It is a developer-oriented blockchain that strives to provide compatibility with the existing Ethereum developer toolchain and network! To achieve widespread adoption...

Sora Ecosystem - App

20 Dec 2020 1 minute read 2 comments Thingsyousee

You may have heard of Polkaswap. If you haven't Polkaswap is going to be a non custodial AMM DEX designed uniquely for the Polkadot ecosystem but unlike Uniswap that runs on the Ethereum network Polkaswap will be hosted on the SORA network. Sora have...

ONTO - Ontology Data Wallet || Manage your own digital identities, data and assets

18 Dec 2020 1 minute read 0 comments FreedomBuilder

  💸💸💸 Earn a part of the $50,000 worth of BNB directly in your ONTO Wallet! Simply deposit any amount of BNB (BEP-20). ✨ Onotlogy wallet Multi-Token Support: ONT / BTC / ETH / NEO / DOT / BSC / BC / TRX 🏦 Ontology (ONT) is Already Listed in CoinMarke...

Equilibrium And Ren Have Partnered To Scratch Each Other’s Backs In DeFi

18 Dec 2020 1 minute read 2 comments Equilibrium

  Equilibrium and Ren are teaming up to mutually beneficial ends. Equilibrium will gain access to RenVM’s BTC bridge on Polkadot, and RenVM will see increased demand for its services as a fresh surge of users peg in and out of BTC. Bridges are import...

Polkadot Launches Polkastarter DEX, Aims At Rivaling Ethereum

16 Dec 2020 1 minute read 0 comments CryptoBrowser

Meanwhile, The Polkastarter (POLS) Token Recorded A Monthly Growth Of 75% Polkadot, dubbed as a direct rival to the altcoin leader Ethereum, announced the launch of the Polkastarter decentralized exchange. Polkastarter’s main design features include...

A week in Kusama: December 7 - 13, 2020

14 Dec 2020 1 minute read 1 comment Web3 Foundation

Kusama News From Dec 9,The maximum number of Kusama validators in the active set has started to increase by 1 each era until it reaches 900 validators (increasing from 700). Polkadot-JS now has a page to view bounties. https://polkadot.js.org/apps/?...

A week in Polkadot: December 7 - 13, 2020

14 Dec 2020 1 minute read 1 comment Web3 Foundation

Polkadot News The maximum number of validators in the active set has started to increase by 1 each era for 44 eras, leading to a new maximum of 296 (currently 252). https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc.polkadot.io#/democracy/dispatch Th...