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.

A week in Polkadot: November 9 - 15, 2020

16 Nov 2020 1 minute read 0 comments Web3 Foundation

Polkadot News A HIGH PRIORITY upgrade has been released for Polkadot, 0.8.26-1. This fixes a DoS vector in 0.8.26. https://github.com/paritytech/polkadot/releases/tag/v0.8.26-1 Joe Petrowski announces and explains his Polkadot validator setup. https...

Technical Analysis: Polkadot Update 13/11/2020

13 Nov 2020 1 minute read 0 comments Crypto Army

Since we made the last technical analysis on Polkadot on the seventh of November, it has been trading in the same triangle, wasn’t able to trade above the resistance for more than 2 hours, and came back to the bottom on the support line shown in the...

Polkadot X Ethereum - Giant fight

13 Nov 2020 1 minute read 2 comments Coincobra

Polkadot      Market Rank - 9 Price today (13/11/2020) - $4,45 USDMarket Cap - $3.907.171.844 USDVolume (24h) - $345.006.116 USDCirculating Supply - 877.539.162 DOTTotal Supply - 1.012.344.574 DOT Ethereum Market Rank - 2 Price today (13/11/2020) -...

Equilibrium Is Launching Its EQ Token Generation Event

12 Nov 2020 1 minute read 0 comments Equilibrium

We are launching our mainnet and conducting a token generation event that will see our newly minted EQ tokens released into the market. The EQ token generation event is taking place today, November 12th. Equilibrium’s EQ token can be used as collater...

Why I'm Buying Dot & Best Way to Stake Polkadot & How I Buy Crypto NO Fees

11 Nov 2020 1 minute read 7 comments Jay Fried

In this video we discuss why I'm Buying Dot, DOT crypto is the native cryptocurrency of the Polkadot Network. I am also going to show you the best and easiest way to stake DOT Polkadot, using the Kraken Crypto exchange. I also want to show you my ne...

Kusama - Why It Has Been One Of My Best Altcoin Picks In 2020!

11 Nov 2020 2 minute read 0 comments Sapphire

Holding Strong Kusama has performed exceptionally well during 2020 and just so happens to be one of my best picks this year. Unibright is another altcoin I picked up in late 2019, if I remember correctly and is still up approximately 1000% from my en...

A week in Polkadot: November 2 - 9, 2020

9 Nov 2020 2 minute read 0 comments Web3 Foundation

Polkadot News Bruno Škvorc, Technical Educator at Web3 Foundation, showed how to add your own Substrate pallets to a blockchain (increasing its functionality). https://www.crowdcast.io/e/substrate-pallets/ Bruno is also a Polkadot and Kusama Council...

A week in Kusama: November 2 - 9, 2020

9 Nov 2020 1 minute read 0 comments Web3 Foundation

Kusama News Referendum 91, to redenominate KSM by 100x, has failed. https://kusama.polkassembly.io/referendum/91 There was a lot of discussion in the Kusama Direction channel and Polkascan about Motion 233, the Treasury Proposal for academic robotic...

EQUILIBRIUM: Expanding the DeFI Horizons!

8 Nov 2020 5 minute read 4 comments SamBTC

The crypto world is totally buzzing these days with new projects popping up every other day. There is a wide variety of projects offering options like moderate but safe and stable rate of interests which are better suited. There also projects offerin...

Polkadot Technical Analysis 07/11/2020

7 Nov 2020 1 minute read 2 comments Crypto Army

Since the First of September, the price of Polkadot have been continuously in a downtrend. However today, based on technical analysis, the price started recovering, moving out of the descending triangle, breaking previous resistance and forming new s...