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.

Kusama - Polkadot's Wild Cousin!

6 Jul 2020 1 minute read 3 comments Sapphire

A Canary Network By now you would have seen Polkadot starting to get some serious attention from a select few in the Crypto space. Kusama was founded by the founder of Polkadot, Gavin Wood. Gavin was also a co-founder and CTO of Ethereum. The officia...

Introduction To Polkadot.- The First Blockchain With Many chains, One Network

13 Jun 2020 2 minute read 0 comments Iforbusiness

As we all know there are many Blockchains but they can't communicate with each other because every blockchain differs from other blockchains by the means of structure, mining protocol, nature, and goals. So doing a specific task you have to depend o...

Polkadot ChainX POS Fund on Hotbit.io

10 Jun 2020 1 minute read 2 comments tipplenurkey

If you're new to the world of crypto, like me, you may at first feel as daunted as I did by the thousands of coins and tokens that exist, all at different values, like a stock market all its own.  Well, I actually stumbled across Hotbit.io while sear...

Our FOURTH new strategic partner is...

7 Jun 2020 1 minute read 0 comments NULS

CRC is a blockchain investment bank founded by senior executives from top investment institutions in China, dedicated to providing institutional investment banking services.https://crc.capital About CRC CAPITAL CRC is a Beijing-based boutique invest...

Introducing the second of our new strategic partners. #Chain_Capital

2 Jun 2020 1 minute read 0 comments NULS

Chain Capital is a blockchain investment fund that has extensive investment experience in digital currencies and stock funds. About Chain Capital: Chain Capital was established in April 2015. The teams covered in Silicon Valley, Toronto, Singapore,...

Web3 Foundation launched the main Polkadot network

27 May 2020 1 minute read 0 comments Kluma

The non-profit organization Web3 Foundation has announced the launch of the first phase of the main Polkadot network, without the ability to move DOT tokens. Polkadot developers reported that in the first stage of the launch, the Web3 Foundation will...

Bison Trails Is In Collaboration with Coinbase Custody to Offer Polkadot Staking

14 Apr 2020 1 minute read 0 comments Tokenhell.com

Polkadot Staking The blockchain infrastructure company Bison Trails has signed a partnership agreement with Coinbase Custody to allow Polkadot staking. Through this integration between them, they will allow clients to stake DOT tokens of Polkadot. Bi...

Where to Store Polkadot (DOT) Coins

30 Mar 2020 3 minute read 7 comments ChangellyOfficial

Created by one of the Ethereum founders, Gavin Wood, the Polkadot network is a next-generation blockchain protocol. It aims to connect several chains in a single network. In 2020, Polkadot project boomed, so people started to talk about it. Since the...

SKY UP - Introducing two new projects - Polkadot and REV 5x Staking Reward Plan

4 Mar 2020 1 minute read 0 comments N

REV Staking Reward Plan   1. Period: 2020-03-04 20:00:00 – 2020-03-10 20:00:00 Singapore time 2. Skyup amount: 2000000REV (400000USDT): 3. Skyup price: 1REV = 0.2USDT 4. Purchase token: USDT only.   Detail Participants need to purchase REV on Sky.i...

Proof of Ink: New "Consensus Algorithm" Pays $3000 🤔 No Promises. Expect Chaos.

27 Feb 2020 1 minute read 4 comments tomoyan

Kusama? Kusama is an early, unaudited and unrefined release of Polkadot. Kusama will serve as a proving ground, allowing teams and developers to build and deploy a parachain or try out Polkadot’s governance, staking, nomination and validation functi...