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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.


Comparing ADA and DOT in the Ethereum Economy

27 Feb 2021 2 minute read 6 comments idm

This post examines how ADA and DOT traded against ETH so far in 2021. First we'll review the retail market structure of ADA/ETH and DOT/ETH. Next, we'll look at daily returns for ADA/ETH and DOT/ETH. Finally, we'll examine the correlation of these re...

Polkadot Parachain Launch Roadmap & Common Good Chains

1 Mar 2021 1 minute read 1 comment Novasky

Polkadot is now getting it's parachain ready for the final stage. A lot of crypto projects are interested in the parachain interoperability and dot's scaling capacity. So it's interesting to see how it goes in real world scenario. The team behind the...

Polkadot and Chainlink Price Prediction

28 Feb 2021 1 minute read 0 comments Gatzor99

Polkadot and Chainlink Price Prediction: Time to Buy? The Polkadot and Chainlink prices have been in a strong rally recently. In the past 24 hours, Polkadot price has surged by more than 20%, bringing its market capitalization to more than $18 b...

Polkadot (DOT) USDT Pair could be an interesting check-in for the upcoming sessions

28 Feb 2021 1 minute read 1 comment AshkyKharoo

In the last 3-4 days of the trading session, Polkadot experienced one of the sharpest declines reaching $26.5 from the record high at $42.3 (USDT), an approx ~37% pullback. Currently trading above the 23.6% Fib retracement level of the download move...

Buy Polkadot (DOT) Token in India — Step by Step Guide For Beginners

1 Mar 2021 6 minute read 4 comments rinkeshjha

What is Polkadot? Polkadot is a sharded protocol that enables blockchain networks to operate in synergy. The DOT token serves three distinct purposes: governance over the network, staking, and bonding. Like Ethereum, Polkadot has an active ecosystem....

Review: DOT and the Polkadot Blockchain

27 Feb 2021 6 minute read 0 comments awkbr549

Score: A   Summary The primary use case for Polkadot is enabling interoperability between blockchains, regardless of their features or their status as a private or public blockchain. The Polkadot blockchain is an open-source platform founded by the W...

Acala Network - Most anticipated Dapp of Polkadot

14 Feb 2021 1 minute read 4 comments Makingdigital

Without a doubt, one of the most anticipated DeFi projects for this 2021 is Acala Network. Many of us are eagerly awaiting the official release of this decentralized application that will be the mainstay of the Polkadot ecosystem. In case you don't k...

Here’s What We Covered During Equilibrium’s Third Community Call

1 hour ago 4 minute read 0 comments Equilibrium

We just held the third instance of our community call, which serves as a monthly check-in and update for our growing body of DeFi supporters. Just like the previous two times, we had Equilibrium CEO Alex Melikhov, Director of Customer Success Lesley...

Clover Finance Seed Funding $3 million to Bring Ethereum DEFi Apps to Polkadot

24 Feb 2021 1 minute read 0 comments Novasky

Clover is a parachain on polkadot that has been developing the blockchain infrastructure for substrate apps. It has recently done a lot of investments for bringing various DEFi apps on Polkadot for it's cross-chain efforts. Clover has done one intere...

Moonbeam 😎 The Future of Crypto is Multi-Chain

12 Feb 2021 3 minute read 12 comments Cryptonator`s

Not only investors are crazy about the Polkadot ecosystem, but also developers are. The developer community is absolutely excited about Polkadot which is the key factor when it comes to building a whole ecosystem around Polkadot. One of the hottest p...