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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.


Ethereum's Co-Founder Has a New Project Valuated at $1.2B And You Probably Haven't Heard Of It

12 Aug 2019 1 minute read 5 comments kevW!ls0n

Ethereum co-founder and programmer Gavin Wood’s current venture, the Polkadot (DOT) project, has concluded its token sale, selling 500,000 DOT tokens at a targeted value of a staggering $1.2 billion. No mention was made of the total sum of the funds...

Fidelity acquisition rumor + "Summer in Crypto" + Cosmos Network and Polkadot join the Crypto Unicorns list - Report reveals

11 Aug 2019 1 minute read 0 comments CryptoTapas.com

CV VC Report commissioned in collaboration with PwC and Strategy& has released its Top 50 picks for the first half of 2019 who are headquartered in Switzerland and Lichtenstein.  Report sheds a positive light on the Crypto space calling the space to...

Polkadot Hello World #1: Cost-Effective Cloud Deployment of a Validator Node

8 Aug 2019 10 minute read 0 comments talfco

This tutorial is based on Polkadot POC2, but may also work for POC3.   The following article series “Polkadot Hello World" describes the steps and findings during my personal kickoff phase in the area of the Polkadot multi-chain framework.   In the l...

(IJCH) Understanding the Different Colored Blockchain/Cryptocurrency Project Papers - A short Description of The White, Yellow, Mauve, Polkadot, Green, Blue, and Red Papers

30 Jan 2019 4 minute read 0 comments JaiChai

(IJCH) Understanding the Different Colored Blockchain/Cryptocurrency Project Papers - A short Description of The White, Yellow, Mauve, Polkadot, Green, Blue, and Red Papers   Source   IJCH - Inside JaiChai's Head (Meaning: My Warped, Personal Opinio...

Bit.Country - Metaverse Hub of Polkadot

25 Jul 2021 4 minute read 0 comments dimonbuton

Bit.Country Hello blockchain lovers. Today we will be studying an interesting project project! The project is connected with NTF technologies, the metaverse and its own economy!The scale of this project is very large! The Bit.Country team raised $ 4...

How To Get An Extra Bonus During Equilibrium’s PLO Phase 1

14 Apr 2021 1 minute read 0 comments Equilibrium

We are raising funds to secure a parachain slot on Polkadot with our two-phase parachain lease offering. All told, we expect to have 250,000 DOTs on hand when the PLO Phase 1 is over on April 25. But we can only get there with the help of our communi...

DOT or ADA what will be the future ?

3 Apr 2021 1 minute read 0 comments tttomate

ADA or DOT,simple question, what do u think has more potential and why ? Thats the question i asked on the r/CryptoCurrencies Subreddit and after 3 days, It was clear  And as u can see ADA has won but if u start looking in to the comments u will see...

How to ID a Shit Crypto Project, Lesson 1

23 Jan 2021 2 minute read 0 comments AlucardLife

Looking for new gems, not having much luck, but I did come across something to write about. I've seen enough garbage in the crypto space to know what crap looks like. I want you all to check out a project whitepaper for a project called Polkabridge....

Back To $11000 BTC Goes

12 Sep 2020 1 minute read 0 comments doyouminecrypto

    Hello!         Let's see what happens when the volume comes back.  Personally I like what I see. Any questions? Just ask.   Good luck trading!   This is not financial advice

How to Buy Polkadot token in 2020

10 Sep 2020 1 minute read 0 comments Btcbeginners.com

Are you looking to buy Polkadot token?. So you are in right place. In this guide, you will find out the best exchange to buy Polkadot token. How to buy Polkadot token in 2020