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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.


Latest Equilibrium Updates in October 2020

4 Nov 2020 3 minute read 0 comments Equilibrium

October has brought us several milestones. Let’s review these impactful events one by one in more detail. Kevin Hu of Dragonfly Capital invested in Equilibrium A partner at Dragonfly Capital has become our angel investor. Kevin will also bring in his...

ONTO - Ontology Data Wallet || Manage your own digital identities, data and assets

18 Dec 2020 1 minute read 0 comments FreedomBuilder

  💸💸💸 Earn a part of the $50,000 worth of BNB directly in your ONTO Wallet! Simply deposit any amount of BNB (BEP-20). ✨ Onotlogy wallet Multi-Token Support: ONT / BTC / ETH / NEO / DOT / BSC / BC / TRX 🏦 Ontology (ONT) is Already Listed in CoinMarke...

Polkadot Wallets - Where to Store your DOT

17 Feb 2021 1 minute read 3 comments Novasky

Polkadot is getting popular and a lot of wallets have started supporting the DOT in their wallets. Considering DOT is among the top 20 cryptocurrency in the market. There is going to be a support for more wallets on all platforms supporting the DOT i...

A week in Kusama: October 12 - October 18, 2020

19 Oct 2020 1 minute read 1 comment Web3 Foundation

Kusama News "Hello World! by Polkadot" is live. It’s a Gitcoin-powered learning challenge where you can gain DOT and KSM. http://bit.ly/0x2HcwPtd  Karura, Acala's DeFi chain, has been launched, and is aiming to be among the first parachains on Kusam...

A week in Polkadot: November 9 - 15, 2020

16 Nov 2020 1 minute read 0 comments Web3 Foundation

Polkadot News A HIGH PRIORITY upgrade has been released for Polkadot, 0.8.26-1. This fixes a DoS vector in 0.8.26. https://github.com/paritytech/polkadot/releases/tag/v0.8.26-1 Joe Petrowski announces and explains his Polkadot validator setup. https...

Cardano CRUSHING Polkadot!!! Crypto News

12 Dec 2020 1 minute read 21 comments Hooked2TheChain

Firstly, I'm a huge fan and supporter of Polkadot. I own DOT and regularly cover their updates. They supposedly have over 230 projects claiming they want to build on Polkadot. Once parachain support goes live, or if there is any sort of timeframe giv...

A week in Kusama: To January 10th, 2021

11 Jan 2021 2 minute read 0 comments Web3 Foundation

Kusama News The Kusama Digest has been off for a couple of weeks, so this will be a high-level review of some VERY exciting times in the Polkadot ecosystem. There has been quite an upsurge in scams recently. Please be aware, THERE IS NO DOT AIRDROP....

Subsocial Network - The biggest Social Network in Polkadot Blockchain

3 Mar 2021 2 minute read 0 comments Makingdigital

The concept of Sofi or social finance will begin to break into the coming years thanks to the advancement of decentralized applications and the growth of Blockchain. The Crypto world will give you that characteristic touch that we need, decentralizat...

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...

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...