Polkadot Network (DOT)

516 Articles 52,677 Followers

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.

Kusama Defies Market Dump!

25 Aug 2020 1 minute read 0 comments Sapphire

The Polkadot Network Polkadot has been performing so well over the past week and is currently enjoying some sun in the Top 10! Polkadot is now seated in the number 7 spot after dethroning Litecoin, Cardano and BSV! A few weeks ago I went into some de...

The World Of Blockchain Interoperability

25 Aug 2020 3 minute read 1 comment reedyzzx

The blockchain space has been improving a lot. It’s an industry that has evolved at a very rapid pace. Before 2015, most public blockchain projects were only about transferring cryptocurrency from one wallet to another. Most of them had slight diffe...

Blockchain 3.0: Hype and Bubble

23 Aug 2020 6 minute read 4 comments aelf_blockchain

Which sector has been most popular in recent years? Most people will give you the same answer: blockchain. Since the Chinese government officially listed blockchain in the category of “New Infrastructure” in April 2020, relevant blockchain poli...

Swap NUTs to New Cross-chain EQ Tokens!

21 Aug 2020 1 minute read 0 comments Equilibrium

We are proud to announce our token swap of NUT for EQ, which will take place starting August 31, 2020 at 8:00 am UTC, and continue for 30 days until September 29, 8:00 am UTC. Time is of the essence During the first 5 days of the Swap, retail NUT hol...

Equilibrium’s project expansion and the new EQ token

20 Aug 2020 1 minute read 0 comments Equilibrium

Recently, we announced our exciting expansion: Equilibrium is growing beyond the first phase of its project on EOS. In the next stage of our project, with our own blockchain parachain built on the Polkadot Substrate, we will enable interoperability f...

Polkadot - The Next Big Thing!?

20 Aug 2020 4 minute read 8 comments johnwege

First and foremost I do want to say that I am a huge fan of Ethereum and everything that it hopes to do and also believe in the project quite a bit.  But there is no denying that Eth 2.0's development has been lagging behind, and also the rising gas...

Polkadot now listed on Kraken as New Dot

18 Aug 2020 1 minute read 0 comments 01001101AR

Kraken announced on Sunday that the Polkadot token DOT will become tradable on the Kraken exchange as of today. Now the time has come and it is possible to trade DOT under the name New DOT on the Kraken exchange. The DOT token, that has already been...

Will Polkadot (DOT) Be The New Ethereum? How Does It Work?

17 Aug 2020 1 minute read 0 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Polkadot (DOT) tries to solve two problems: scalability and interoperability of blockchains.Scalability is solved with the sharding technique (the blockchain is divided into many smaller fragments coordinated by a central blockchain, this increases t...

Chesatochi Newsletter #02 - Matic & Polkadot

17 Aug 2020 1 minute read 0 comments Chesatochi

Come read my newsletter #02 to discover great content about Matic & Polkadot. Take one action and subscribe to receive future content by email. Newsletter link: https://chesatochi.substack.com/p/chesatochi-newsletter-02-matic-and ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬...

Episode #08 - Discover the Hype Around Polkadot & Chainlink

15 Aug 2020 1 minute read 0 comments Chesatochi

On this podcast, I share the essentials of what you need to know about the hype around Chainlink and Polkadot. Podcast link: https://anchor.fm/chesatochi/episodes/Episode-08---Discover-the-Hype-Around-Polkadot--Chainlink-ei4nuf ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬...