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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.


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30 Jul 2021 1 minute read 0 comments Novasky

dTrader is one of the popular decentralized exchange in the DeFi space. A lot of ETH based DeFi projects already make use of the dTrader DEX for it's DeFi functionality. Now the dTrader worked with the Moonbeam team in order to deploy it's DEX in the...

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21 Jul 2021 1 minute read 7 comments CryptoPlankton

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26 Jul 2021 1 minute read 1 comment Novasky

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Facebook Diem to Polkadot Bridge Project from Pinknode and Pontem Network

22 Jul 2021 1 minute read 1 comment Novasky

Libra is dead! Facebook gave up on it realizing it is going to trigger a lot of legal issues. Now they just want to deal with stablecoin and not trying to dominate the world with their libra. They started Diem project just to become a stablecoin on s...

Polkadot (DOT): Must...Buy...MOAR!

20 Jul 2021 3 minute read 2 comments Buss

I have an obsession with the future of web3 platforms, Polkadot.  It goes up... I buy a bit.  It goes down...I buy tons more.  I loaded up my bags once again this morning adding an additional 24% to my holdings.  At the current price of below $11 I s...

OMNI App, Gather All Big Social Media Platforms In One Place - Get Rewarded In OMNI Coins For Using It!

2 Aug 2021 5 minute read 0 comments ralleeee12

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New Token for Publish0x - let's help them to find a new sponsor for us!

2 Jul 2021 1 minute read 101 comments eltoro0x

  New Token for Publish0x - let's help them to find a new sponsor for us!   We all know that Publish0x is looking for a new token because ETH is no longer a tipping token. In the article (here) where they explain the new Publish0x is written also: W...

InvArch: A Bridge Between Ideas and Creation

29 Jul 2021 1 minute read 2 comments CryptoKota

Other blockchains have demonstrated great success in a variety of areas—Internet of Things (IoT), finance, governance, identity management, web decentralization, and asset-tracking to name some. As a result of these advancements, the world has determ...