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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.


DOT how long should I wait?

4 May 2021 1 minute read 7 comments amtraderpro

Hi guys! My last post analysis on DOT seemed to start working out till the moment when BTC crashed and dragged the whole market down. That's why I always say no matter the setup on alts, BTC is the boss on this market for now and if it's dumping then...

Blockchain Jobs And The Rise Of Web 3.0

10 May 2021 8 minute read 0 comments TheCriptonaut

Hi there, let's get straight to the point :) Today I want to give a quick overview of new crypto-related jobs and the rise of web 3.0 (which is going to be 4.0 really soon!). Hope you enjoy this :) Here's what you'll find here: A brief introduction...

Bitcoins Falling Market Dominance

12 May 2021 1 minute read 0 comments CryptoEnthusiast

BTC dominance is currently at 43% That makes sense considering weve just had a strong run and its currently alt season. That said, considering how bullish BTC has been recently its low dominance isnt indicative of it weakening but rather more indica...

Reef finance and it REEF

3 May 2021 1 minute read 3 comments Akterron

  Reef Finance Reef Finance is based on different Blockchain Polkadot smart contracts and has as main component an engine called the shopping cart engine, through which it is possible to access different cross-chain DeFi strategies with just one cl...

Polkadot, the King of Cross-chain Explained

27 Apr 2021 5 minute read 17 comments DigiFinex

1.What is Polkadot? Polkadot, a "heterogeneous blockchain" founded by Gavin Wood, former CTO of Ethereum, is an impeccable blockchain project that is perfect in every sense. Its founder, Gavin Wood, is the author of the Ethereum White Paper and the...

The Booming Polkadot Ecosystem and Its Top Tokens

1 May 2021 4 minute read 2 comments NYC Adriana

Polkadot’s native coin DOT has quickly risen to become one of the largest cryptocurrencies. In step with this, the sheer number of projects to emerge in the wider Polkadot ecosystem has been nothing short of dizzying.  In simple terms, Polkadot is a...

What Is Polkadex (PDEX) And How Does It Work? | KuCoin Crypto Gem Observer

16 Apr 2021 2 minute read 3 comments KuCoin Blog

To this day, there is still much debate around the benefits of centralized exchanges versus their decentralized counterparts. While DEXs are the champions when it comes to anonymity, their low liquidity in comparison with CEXs can be a major deterren...

Market FUD? BTC dump? KSM DGAF! This bird was born to fly!

19 hours ago 1 minute read 0 comments amtraderpro

Hi guys! Despite the bloodbath on the market Kusama Network token made new ATH at $588 mark and currently is trading at $539. After breaking and testing the resistance (yellow line) at $280-300 in mid March we saw the KSM setting a new high at $567 f...

Kylin Network-Data Infrastructure for Web3.0

2 May 2021 1 minute read 4 comments Cyph3rpunk

Kylin Network aims to create a cross-chain platform powering the Data Economy. Built on Polkadot , Kylin is gonna provide Data infrastructure for Decentralized Finance and Web 3.0  Kylin Network seeks to provide data necessary to build DeFi products...

So I Got Lucky and Stand to Make an On-Paper Huge Windfall Playing ALIEN WORLDS

12 Apr 2021 1 minute read 8 comments kev_nag

About four months ago, on a lark, I read an article from Banano which referenced a game called Alien Worlds. Honestly, what initially caught my eye was the potential to have CrptoMonkeys dropped by playing the game, mining on the MonkeyMining propert...