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.

Ocean Protocol in Polkadot Ecosystem with Moonbeam Integration

28 Jan 2021 1 minute read 1 comment Novasky

Polkadot is getting one more big project in their ecosystem. This time they are getting integration from the data exchange protocol named ocean protocol. This integration will be done with the partnership of Ocean protocol and Moonbeam.  This partner...

AMA Recap - Butterfly Protocol x Game of Bitcoins

27 Jan 2021 10 minute read 0 comments Game of Bitcoins

Thanks a lot for actively participating in the Butterfly Protocol AMA held on 27th January 2021 at the Game of Bitcoins Channel. We really appreciate all your support. This post is a recap of the entire session held with Butterfly Protocol We have w...

Polkadot DOT. That was a good chance to buy the dip.

27 Jan 2021 1 minute read 0 comments OnlyUp

As we saw today the main cryptocurrency dropping below the 30k mark, Polkadot token also followed the downtrend and reached its good support at $15. That was a good chance to buy it as I expect growth from here. This level was once resistance, where...

Upcoming Polkadot Oracle Crypto - Is OptionRoom Better Than Chainlink & API3? Will $ROOM 10x?

26 Jan 2021 2 minute read 3 comments surpassinggoogle

  OptionRoom is an upcoming cryptobased project that wants to build a decentralized oracle associated with the Polkadot ecosystem. How will fare? It will have a native cryptocurrency called $ROOM. How will $ROOM fare post listing in comparison to $L...

Weekly Crypto Portfolio Update

26 Jan 2021 1 minute read 0 comments JayC0730

BTC - 69.34% ( Was 72.50%) My BTC position finally dipped into the 60s range as a percentage of my portfolio. I expect this trend to follow as we get deeper into the bull cycle. I can see it reaching the low 50s as my other coins raise in value. BTC...

New Investment in Polkadot - Waiting the Sucess

25 Jan 2021 1 minute read 1 comment Makingdigital

I couldn't resist, yeah. I'm sorry. Excitement and anxiety have invaded my comfort zone. Polkadot and her Parachains represent a spectacular project and I can't be off the boat. The truth is that I did not have much saved. About $ 115. Enough to buy...

Upcoming Polkadot Crypto - Tosdis & $DIS Posed For 10X? Uniswap, Korea Marketing, Bear Markets.

21 Jan 2021 2 minute read 7 comments surpassinggoogle

  I covered Tosdis finance and $DIS in a previous livestream and I wasn't as interested in it as I am today, after paying closer attention to it. My interest was Paid network and $PAID which I had also covered but its Uniswap listing was postponed t...

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

20 Jan 2021 2 minute read 0 comments surpassinggoogle

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

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...