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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.


LiquidApps Facilitating Bancor’s Transition to Polkadot

20 Apr 2021 2 minute read 0 comments yogo

The decentralized development solutions company LiquidApps has announced that they will be having a collaboration with Bancor. This collaboration is the first step towards their transition from Ethereum to parachains, a service provided by the crypto...

Polkadot (DOT) forming bullish Shark for upto 73.5% move

19 Apr 2021 1 minute read 0 comments moon333

Hi dear friends, hope you are well, and welcome to the new update on Polkadot (DOT) coin.Previously we had a nice trade by DOT: https://www.tradingview.com/chart/DOTUSDT/zcEOlVjP-DOTUSDT-completed-Gartley-Upto-32-4-move-expected/    Now on the 2-day...

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

16 Apr 2021 2 minute read 2 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...

Tether Coming Soon to Polkadot and Kusama Blockchain

13 Apr 2021 1 minute read 1 comment Novasky

Polkadot is getting a lot of new projects slowly. It's really interesting to see that polkadot not only has the Akala network for stablecoin but now they are going to have the Tether network too. Tether is the stablecoin infrastructure that is on ETH...

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...

Examining COVID-19 Vaccination Passports - YOU DECIDE

11 Apr 2021 4 minute read 3 comments kev_nag

INTRODUCTION With the advent of vaccines being made available to combat the dreaded COVID-19 pandemic, some controversy exists surrounding a mechanism for people to demonstrate they have, in fact, been inoculated against this virus. The purpose of th...

Current Portfolio Shift and changes after lay-off

10 Apr 2021 1 minute read 0 comments JayC0730

My portfolio has remained untouched up to now. I have recently been laid off but sold a small percentage of BTC to give myself a bit of breathing room. I am also currently receiving severance and have decided bot to apply to unemployment due to my pe...

US Supreme Court Decides - GOOGLE LLC v. ORACLE AMERICA, INC. - Significant Impact on Interoperability

7 Apr 2021 5 minute read 3 comments kev_nag

HISTORY: Some history is necessary. In December of 1990, Sun Microsystems developed Java which included a new programming language, a virtual machine, and a set of libraries for use with the new language. The libraries created were documented for pro...

Here’s Your Step-By-Step Guide To Our DOT/EQ Token Swap

6 Apr 2021 3 minute read 1 comment Equilibrium

So you’ve decided to participate in our DOT/EQ token swap as the first phase of our larger parachain lease offering (PLO)! Good for you! Starting on April 12 and lasting until April 25, we will raise 250,000 DOT in exchange for our EQ tokens at a rat...

CC234 - Tidal Finance - Decentralized Insurance on Polkadot

4 Apr 2021 1 minute read 1 comment Chesatochi

  ⏰ Time Stamps ⏰ 00:00 Introduction00:50 The main page of Tidal05:31 Introduction of Tidal09:50 FAQs10:59 Tidal blog Introduction of Tidal Finance It is cool to hedge against risk when you deal with DeFi. You can buy decentralized insurance with Ti...