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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.


Comparing ADA and DOT in the Ethereum Economy

27 Feb 2021 2 minute read 6 comments idm

This post examines how ADA and DOT traded against ETH so far in 2021. First we'll review the retail market structure of ADA/ETH and DOT/ETH. Next, we'll look at daily returns for ADA/ETH and DOT/ETH. Finally, we'll examine the correlation of these re...

Clover Finance Seed Funding $3 million to Bring Ethereum DEFi Apps to Polkadot

24 Feb 2021 1 minute read 0 comments Novasky

Clover is a parachain on polkadot that has been developing the blockchain infrastructure for substrate apps. It has recently done a lot of investments for bringing various DEFi apps on Polkadot for it's cross-chain efforts. Clover has done one intere...

Polkadot Parachain Launch Roadmap & Common Good Chains

1 Mar 2021 1 minute read 1 comment Novasky

Polkadot is now getting it's parachain ready for the final stage. A lot of crypto projects are interested in the parachain interoperability and dot's scaling capacity. So it's interesting to see how it goes in real world scenario. The team behind the...

Adoriasoft's Cosmos SDK supports Polkadot Parachain

21 Feb 2021 1 minute read 1 comment Novasky

Polkadot's substrate framework has helped many existing blockchains turn into a Parachain of Polkadot. Parachains allow developers to keep their existing released blockchain effort while migrating to the Polkadot network. The recent blockchain that h...

Why 2021 is the best time to invest in Polkadot?

26 Feb 2021 7 minute read 2 comments rinkeshjha

Polkadot was the most successful cryptocurrency of 2020. It is looking upon as a promising blockchain that can replace Ethereum’s dominance in 2021. It caught the attention of many other dominating virtual asset investors at the beginning of the boom...

Polkadot Indexer - An API released for Polkadot and Kusama Network

26 Feb 2021 1 minute read 2 comments Novasky

Polkadot is one of the popular blockchains of this year. With popularity comes the attention of the developers who wish to integrate the blockchain data in their own projects and use case. To make the data of both the chains ( Polkadot and Kusama Net...

Polkaswap is coming

21 Feb 2021 1 minute read 0 comments aarton

The Polkaswap wave Polkswap is an all-mighty protocol for DeFi created by Soramitsu for reforming and level up the actual Decentralised Finance and designed exclusively for the Polkadot ecosystem including Kusama and a bridge for connecting other imp...

DOT makes new ATH after ATH.....DOT is on fire!!!!

18 Feb 2021 1 minute read 0 comments MrCoingrats

DOT has already risen over 500% this year so we were curious to see what the TA is currently like. On the daily, the price is going beautifully parabolic and a new support has emerged at 19.23. If we measure the breakout of the supply zone and its re...

Review: DOT and the Polkadot Blockchain

27 Feb 2021 6 minute read 0 comments awkbr549

Score: A   Summary The primary use case for Polkadot is enabling interoperability between blockchains, regardless of their features or their status as a private or public blockchain. The Polkadot blockchain is an open-source platform founded by the W...

Polkadot and Chainlink Price Prediction

28 Feb 2021 1 minute read 0 comments Gatzor99

Polkadot and Chainlink Price Prediction: Time to Buy? The Polkadot and Chainlink prices have been in a strong rally recently. In the past 24 hours, Polkadot price has surged by more than 20%, bringing its market capitalization to more than $18 b...