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.

Is it a good time to enter Polkadot?

8 Feb 2021 1 minute read 2 comments Makingdigital

The recent rise in Polkadot has raised many questions for novice investors. Is it a good time to enter or do I wait for a correction? Of course it is a good time to buy DOT. If we look at all the projects behind this token, practically all are in Bet...

Polkadot dApp Hub Plasm Network to Support Multi Currencies

7 Feb 2021 1 minute read 3 comments Novasky

Polkadot has opening up a lot of new possibilities in the dApp market that not only supports smart contracts but it's parachain brings in other blockchains in it's own ecosystem too. Plasm is one such platform that allows smart contracts on polkadot'...

The Best Projects On Polkadot (Top Ten 2021)

7 Feb 2021 3 minute read 36 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Regarding the technical functioning of Polkadot I had already talked about it in this article: Will Polkadot (DOT) Be The New Ethereum? How Does It Work?However, the most important thing to understand is the functionality of the parachain: independen...

World’s First Hybrid Liquidity Aggregator Finxflo to Launch FXF Token-Based Capital Raise on Polkastarter

5 Feb 2021 2 minute read 0 comments JP Buntinx

SINGAPORE -- February 5, 2021 -- Finxflo (https://www.finxflo.com/), the world’s first regulated, hybrid liquidity aggregator for digital asset investors, today announced the launch of its FXF token-based capital raise on Polkastarter, a protocol bui...

21Shares Launching ADOT - Polkadot Exchange Traded Product

5 Feb 2021 1 minute read 0 comments Novasky

Exchange traded products are pretty much popular in the stock trading. However, the concept of ETP (exchange traded products) is a new for most of the crypto investors. In fact not a lot of people are aware of this in the crypto space. There are some...

Polkadot Coin (DOT) Analysis

4 Feb 2021 1 minute read 2 comments Ayman Khalil

Polkadot Coin (DOT), has been recording again a new higher historical price at $ 21.7998 As we predict as we target   You can read it here >> Polkadot Coin (DOT) Analysis >> 17 Jan 2021 You can read it here >> Polkadot Coin (DOT) Analysis >> 1 Jan 20...

Arweave Network Setup Bounty for Archival Bridge with Polkadot

1 Feb 2021 1 minute read 1 comment Novasky

Polkadot's parachain feature is the most talked about feature that is likely to help polkadot go ahead of the ETH ecosystem in near future. There are many open source projects out there that are already working with this feature for making various in...

CrypTalk (02): Connecting the DOTs of Polkadot

1 Feb 2021 2 minute read 3 comments Jane1289

Polkadot is currently ranking #4 in Coinmarketcap with the price of $15.53 and a market cap of $14,055,194,508 at the time of writing. Many experts believed that it deserves to be on that spot. It outperformed most of the cryptocurrencies in the mark...

Polkadot (DOT), Building the Web 3.0

31 Jan 2021 1 minute read 0 comments Gamma

Interconnected blockchain networks   Polkadot relies on a combination of elements to create a fully interoperable architecture, and the project is notably led by the co-founder of the Ethereum blockchain. Polkadot is a next-generation protocol that c...

Polkabridge x Satoshi CLUB AMA Session 17 Jan 2021

28 Jan 2021 12 minute read 0 comments Satoshi Club

PART 1. Introduction of PolkaBridge project and community questions. Hello, Satoshi clubbers and guests of this site. Most of you have already heard about Polkadot. Today we have a project that provides the first decentralized bridge between the Polk...