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.


Aspen Labs presents dCOLLECT, Hypersphere and dLEND

6 Jul 2021 3 minute read 0 comments

Abstract Blockchain technology has developed quite significantly in recent years. At first, Satoshi adopted this technology for bitcoin, but along with the popularity of bitcoin and the development of the cryptocurrency market, blockchain technology...

The First-Ever Polkadot & Kusama <> BSC Bridge Is Live On The Testnet!

1 Jul 2021 1 minute read 2 comments Equilibrium

We’ve done something really cool! We’re the first team in the crypto world to create and implement a Binance Smart Chain bridge on Kusama. It works with Polkadot too. This bridge will enable bi-directional asset transfers between BSC and Substrate-ba...

Polkadog is the most meaningful meme coin project ever created

19 Jun 2021 4 minute read 0 comments JaksHitam

Polkaswap is a future, cross-chain liquidity aggregator DEX show for exchanging tokens reliant upon the Polkadot (and Kusama) network(s), Parachains, and blockchains related through ranges. Through the improvement of expansion developments, Polkaswap...

What Polkadot is all about and its future

17 Jun 2021 1 minute read 2 comments Defiant Pathfinder

Polkadot is a decentralized open source blockchain Protocol which allows data sharing, token transfers, assets and also connet public and private chains through its multi-chain network. How Does it work? Since it is a multi-chain it supports differen...

Kusama Coin (KSM): DOT's Blockchain Testnet

14 Jun 2021 4 minute read 6 comments MintDice.com

As the cryptocurrency world continues to grow, many blockchains are finding they don’t offer all the capabilities their customers desire. This has led to the creation of a large number of what is known as layer two solutions. But this has also sparke...

Polkadot/Nutbox Crowdloan

13 Jun 2021 2 minute read 2 comments lnakuma

During the past weeks, I have participated the beta test on Nutbox/Polkadot platform. There was traditional staking to earn type of farming method in the product. One thing caught my eye though, was called Crowdloan. I have seen similar thing on KuC...

Understanding the Concept of Polkadot and DOT Token

7 Jun 2021 3 minute read 1 comment Heath Muchena

The Polkadot protocol has ushered in a new dawn in the crypto & blockchain space, and now the world can look forward to the creation of new markets and decentralized economies. Polkadot is a next-generation blockchain protocol with the primary purpos...

DOGE got listed on Coinbase

5 Jun 2021 1 minute read 3 comments carlaincomin

Already a few days ago on June 1st Coinbase announced that DOGE will become tradable on their exchanges today. The announcement - of course - led to an euphoric jump in prices of nearly 50% from around 0.3$ to nearly 0.45$. I honestly don't know wha...

Short Analysis on Chainlink & Polkadot

4 Jun 2021 1 minute read 3 comments Defiant Pathfinder

Hi guys i am back again, those who are new to my blog you are welcome. Today my articles are more of crypto and token analysis so that we can see what was happening what is likely to happen. Chainlink From the start of this year on 1 January 2021 Cha...

Bullrun on DOT leads to +40% in 3 days

3 Jun 2021 1 minute read 0 comments carlaincomin

After markets crashed some time ago most assets are on an upside again. Polkadot moved a little bit behind the market for some time providing a good opportunity to get in the boat. Now this pays out. Since May 31st Polkadot went up about 40%. The mar...