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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.


Binance Launches Polkadot Powered DOTECO Futures Contract

20 Jan 2021 1 minute read 3 comments Novasky

Polkadot adoption is going pretty strong in 2021. Many new projects are picking up polkadot for their contracts and defi projects. This time Binance, the largest crypto exchange has decided to jump in with the new project with polkadot behind it.  La...

A week in Kusama: January 11-17, 2021

18 Jan 2021 1 minute read 0 comments Web3 Foundation

Kusama News Motion 253 (to issue a referendum for upgrading the Kusama runtime to v2027) is currently up for vote by the Kusama Council. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama-rpc.polkadot.io#/council/motions The motion to issue a prop...

A week in Polkadot: January 11-17, 2021

18 Jan 2021 2 minute read 0 comments Web3 Foundation

Polkadot News Polkadot 0.8.27 has been released - see release notes here: https://github.com/paritytech/polkadot/releases/tag/v0.8.27 Web3 Foundation's grants program has now issued 200 grants - and 100 of those are since May 2020. https://medium.co...

Polkadot Coin (DOT) Analysis

17 Jan 2021 1 minute read 3 comments Ayman Khalil

Do you believe that happening with Polkadot Coin (DOT), has been recording a new incredible highest historical price at $ 19.4000   If you look at its highest price on 27/12/2020 was at $ 5.4691& we announced that will hit a new higher range on 1/1/2...

Upcoming Polkadot-Related Project - TosDis Finance $DIS IDO On Polkastarter In A Few Days.

16 Jan 2021 2 minute read 0 comments surpassinggoogle

  This another upcoming crypto that will carry out its IDO on Polkastarter and has attracted some interest. TOSDIS wants to be the total defi package, with $DIS to have a small supply. TOSDIS didn't do a private sale or seed funding and starts out w...

What DOT Community Thinks About The Polkadot Project. Will Dot Reach 100$? Can DOT Topple ETH?

14 Jan 2021 2 minute read 2 comments surpassinggoogle

  In recent livestream, I looked at the Polkadot protocol and blockchain as well as the DOT coin for the first time on the spot. In this video and crypto ulog, I look at tweets pertaining to Polkadot and DOT to see what I can deduce further as a leg...

Polkadot Staking Now Supported in Moonstake Wallet

14 Jan 2021 1 minute read 2 comments Novasky

Moonstake is one of the popular wallet for crypto investors that is designed with staking in mind. In past they have supported various crypto currencies for staking namely - cosmos, cardano, Tezos, Iris and few others.  Few days back, they announced...

Upcoming Defi Projects based on Polkadot

12 Jan 2021 1 minute read 0 comments Makingdigital

If there is a blockchain capable of satisfying the needs of any user, at the same time and combining hundreds of cryptocurrencies, that is Polkadot. One of the queens for this 2021.This January they are announcing many new features in the world of Da...

What is Polkadot?

12 Jan 2021 1 minute read 5 comments nervi

Polkadot - a revolutionary project to be the new Ethereum - this is what Gavin Wood, author of Polkadot, set himself. Today we will take a close look at this cryptocurrency. It is a project offering a platform on which programmers can create and comb...

A week in Kusama: To January 10th, 2021

11 Jan 2021 2 minute read 0 comments Web3 Foundation

Kusama News The Kusama Digest has been off for a couple of weeks, so this will be a high-level review of some VERY exciting times in the Polkadot ecosystem. There has been quite an upsurge in scams recently. Please be aware, THERE IS NO DOT AIRDROP....