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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.


Why Polkadot is Better than Ethereum | Less Trust with More Truth

22 Nov 2020 1 minute read 3 comments Jay Fried

In this video, I am going to explain in simple terms, Why Polkadot is Better blockchain than the Ethereum blockchain. Polkadot has a much broader vision for decentralized blockchain chain development than Ethereum. Polkadot has introduced the concep...

Polkadot (Crypto-Pick)

22 Nov 2020 1 minute read 1 comment Goodsoul

Polkadot refers to itself as a next-generation blockchain protocol which connects multiple blockchains by unifying them into one network. It is a sharded protocol that enables blockchain networks to operate together seamlessly. History  Polkadots his...

Why I'm Buying Dot & Best Way to Stake Polkadot & How I Buy Crypto NO Fees

11 Nov 2020 1 minute read 7 comments Jay Fried

In this video we discuss why I'm Buying Dot, DOT crypto is the native cryptocurrency of the Polkadot Network. I am also going to show you the best and easiest way to stake DOT Polkadot, using the Kraken Crypto exchange. I also want to show you my ne...

What is Wrapped Bitcoin?

5 Nov 2020 1 minute read 0 comments Coincobra

Wrapped Bitcoin is Ethereum's Bitcoin. In fact wBTC is the largest tokenized ERC-20 asset that is currently traded on the Ethereum blockchain. Therefore, it is the version of the BTC in Ethereum in the DeFi ecosystem. This Token is already listed on...

A week in Polkadot: October 26 - November 1, 2020

2 Nov 2020 1 minute read 0 comments Web3 Foundation

Polkadot News We are seeing a huge uptick in scams lately. Be wary of anyone contacting you, and triple-check links and addresses! Note that Web3 Foundation, Polkadot, or Parity are NOT giving away DOT or KSM. Web3 Foundation has set up an open-sour...

Robonomics Network values Polkadot slot at $ 3–6 million

29 Oct 2020 1 minute read 1 comment Diana King

Robonomics Network has evaluated the costs associated with leasing a Polkadot slot and announced their aim to take on a 2-year slot lease on the Kusama network. At the upcoming auction, the platform will distribute $720,000 in its native tokens among...

USDT GO TO OVERTAKE ETHER

19 Oct 2020 1 minute read 0 comments Coincobra

Hello 🤑 Recently, some websites and experts have said that Tether will soon be overcome in market capitalization  by Ethereum.This means that after Bitcoin it will be the most traded in the cryptocurrency market. And the best with all the stability p...

Kira Network in simple words

11 Oct 2020 1 minute read 0 comments DronAlex

Kira Network is the DeFi project whose objective is improving the staking industry by enabling delegators to use their staked funds in DeFi ecosystem. How is it possible at all? To start with, let's explain the logic behind the implementation of this...

Woow !!! Polkadot (DOT) Has Completed Bullish Setup For Another Rally Upto 99%

10 Oct 2020 1 minute read 3 comments moon333

Hey, friends hope you are well and welcome the new update on Polkadot (DOT). In this video you will watch how:  On a daily chart, the price action of DOT is moving in a down channel and making a powerful attempt the breakout the resistance of this c...

MANTRA DAO Is A DeFi Ecosystem Powered By Polkadot With An Excellent Karma

8 Oct 2020 2 minute read 10 comments Cryptonator`s

No doubt, MANTRA DAO is one of my TOP 3 DeFi Altcoins Powered By Polkadot. After doing a lot of research, I believe that MANTRA DAO has huge potential and that it is primed for some massive gains. In short: MANTRA DAO has an excellent Karma, here is...