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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.
14 Oct 2021 1 minute read 3 comments Fety Bernard Etienne(fetinafety)
The Polkadot project has released the Parachains auction schedules on October 13th, 2021. Polkadot (DOT) Coin jumped up to 42USD in less than 2hours on October 13th, 2021. At the time of writing DOT is trading 41.25USDT and down 1% in the past 2...
14 Oct 2021 2 minute read 6 comments Anarchiss
Polkadot has finally announced the parachain slot auctions. This has been hotly anticipated for months ever since the slot auctions on Polkadot’s test net Kusama went smoothly over the spring and summer of this year. With the summer market slump in t...
13 Oct 2021 1 minute read 2 comments Cryptofab
If you want to multiply by 50 your investment, you will not make it with a well-known crypto. You have to find the next crypto gems. One of these gems is the Secret Network coin SCRT. It is the first privacy-coin using smart contracts. SCRT is like M...
13 Oct 2021 1 minute read 0 comments Novasky
While looking at the Twitter activity for the Polkadot, I came across one interesting thing. I thought I should share with you here. Polkadot being the favorite of many financial institutions, wanchain has managed to capture it as well for their own...
13 Oct 2021 1 minute read 0 comments Equilibrium
There’s no time like the present to earn a 15% bonus in EQ tokens on your contributions to the Equilibrium crowdloan campaign! Join the crowdloan waitlist, invite your friends, and collect your bonuses! For those who join Equilibrium’s crowdloan wait...
11 Oct 2021 1 minute read 2 comments Diana King
The IROS 2021 Online workshop about blockchain applications in robotics and automation will take place on 15th of October. This event puts its main focus on presenting, discussing, and exchanging ideas that address the benefits and challenges of dece...
7 Oct 2021 3 minute read 10 comments Austras
Background Filecoin was created to help combat cybersecurity threats by providing a Decentralized Storage Network (DSN) that helps keep files safe & encrypted while the pricing would also be competitive. Protocol Labs is the company behind this ide...
1 Oct 2021 5 minute read 14 comments johnwege
It's official, we have finally reached the 4th quarter of the year with it being October 1st. We are in the midst of a bull run, and everyone knows that the 4th quarter of the year is usually when prices go parabolic during bull runs. There are som...
26 Sep 2021 5 minute read 5 comments EverythingBlockchain
Centralized Social Media- The Good, Bad and UGLY The emergence of social media has revolutionized communication. We live in a world where almost everything has been digitalized. While we cannot negate the positive impact of social media it is imperat...
22 Sep 2021 3 minute read 13 comments Zacharias
22 September 2021: Considered an alternative to Ethereum alongside other networks like Cardano and Algorand, Polkadot (DOT) was founded by yet another Ethereum co-founder in Gavin Wood and funded by the Web3 Foundation. Polkadot is described as a n...
